Using an expected mean-variance model the changes in farm enterprise levels and indirect utility were examined under conditions of risk aversion, budget constraints and gross margin variance. An extension of the comparative statics of the expected mean-variance model was adopted by introducing a...

This paper develops a heterogeneous-agent model to assess the impacts of removing lucerne growing subsidies, increasing livestock numbers and including district-level equilibrium conditions on optimal farm plans in the Qingyang district of Gansu Province, China. The model is a five-year dynamic...

Following the reforms of doi moi, household farms in Vietnam are being affected by policies which are implementing land, financial and trade reforms. The nature of agriculture in Vietnam is such that household farms operate within and are constrained by the activities of their location within a...

In this paper a model is developed which brings together elements of the household models, spatial trading systems and demand systems with elements of production and income risk. Some of the implications of the design are analysed. The design is focussed on the problem faced by Vietnamese farm...

This article provides a micro-level foundation for the analysis of crop diversification decisions in a semi-subsistence banana farming community in Uganda. A two-crop agricultural household model is developed to show that credit rationing and crop price movements influence vanilla adoption...

Chinese grasslands are suffering considerable pressures from human and livestock populations. It has been estimated that 90% of Chinese grasslands are suffering from light to heavy levels of degradation. Allied to this is the low household income of herders and farmers dependant upon livestock...

This paper identifies the optimal cutting and replanting rule for coffee farmers in Vietnam. Some previous studies examined the optimal price at which to cut trees for coffee farmers in Vietnam but they have not investigated the relationship between the age of tree and the cutting point....

Energy is a significant agricultural input in both Australia and New Zealand. Likewise agriculture in NZ Australia has the potential to produce significant energy sources - the extent to which depends on the price of competing energy sources - particularly oil. Higher energy prices, resulting in...

Dairy industry organizations, universities and government agencies are variously involved in embedding web-based, standardized farm business performance systems in the Australian and New Zealand industries. The spectrum of involvement prompts an exploration of demand drivers and expectations of...

The flexibility of farms to respond to changing economic or environmental conditions has received attention in recent years, particularly in the context of changes in the availability and pricing of irrigation water. This study uses a new unit record data set of Australian farms and a...