The development of a third world country requires a conscious balance between different planning and policy issues, such as population growth rate, gross national income, self reliance and long-term sustainable ecological development. This paper reports on a cross-disciplinary project to design...

Linear programming model is used to investigate the economic feasibility of utilizing stony lands for crop production in South-Western Quebec where stoniness is the major constraint. Results for the representative farms indicate that income variations are due to economies of size, differences in...

This paper analyzes the dynamic effects of the acreage restrictions and land diversion requirements that are characteristic of the farm subsidy programs in the United States. The subsidy payments a farmer receives are based upon historical base acreage, and it 1s sometimes optimal for a farmer...

The East African country of Uganda might not be thought of as the location of a viable, growing dairy industry. However, Uganda recorded a threefold increase in milk production from 1991 to 2004. While Uganda's dairy industry faces important challenges, the industry possesses advantages that can...

Structural adjustments programs (SAPs) in the last two decades have eliminated all farm-support programs leading to low usage of fertilizers by Kenyan smallholders. One way of addressing this problem is use of organic nutrient resources. This paper examines their cost-effectiveness as capital...

Latest developments in investment analysis offer a number of valuable insights into how to evaluate investment opportunities encountering the weaknesses of net present value criterion. More specific, irreversibility, uncertainty and the choice of timing are conditions that net present value does...

Since 1997, the agricultural leases on Native land, issued under the 1976 Agricultural and Landlord Tenants Act (ALTA), began to expire. The sugar industry is the main commodity export earner for Fiji, directly contributing about 22% of the national GDP and supporting over 25% of the country's...

The study explores a long memory conditional volatility model on international grain markets, demonstrating importance of modeling both temporal effects of volatility and long memory process. This study adopts six different volatility models, nested in an ARMA(p,q)- FIGARCH(P,D,Q), to capture...

Irrigation enterprises can be evaluated from a perspective of technical and environmental efficiency. This study determines the technical and environmental efficiency in irrigated cotton enterprises. This is achieved by investigating efficiency at cotton enterprise in the case study area of the...