The Australian Farm Forestry Financial Model (AFFFM) has been developed as a tool for the financial appraisal of farm forestry investments. It is a whole-farm financial model developed in modules using Visual Basic as the programming language, and provides estimates of key financial criteria...

Optimal intertemporal investment behaviour of Australian pastoralists is modelled using panel data for the period 1979-1993. Results indicate that quasi-fixity of inputs of labour, capital, sheep numbers and cattle numbers is characteristic of production in the pastoral region. It takes about...