This paper is my reply to the comment (Parton, 2012) on my original paper (Culas, 2011). The issues pointed out in the comment are the circumstances under which the econometric method that I employed is applicable. My reply suggests the econometric techniques that could be more appropriate in...

Farm planning often focuses on optimal diversification with respect to risk, where the risk-management strategies combine production, marketing, financial and environmental aspects of the farm-firm. In this study an empirical examination of diversification has been carried out using a sample of...

The Australian wheat industry is an important contributor to the Australian economy and farm sector. This paper investigates the determinants of land use in wheat production for the Australian wheat-sheep zone. Land allocation between the wheat and the wool enterprises are considered in view of...

Environmental conservation is intimately tied to both economic development and sustainable management of natural resources. Convergence and complementarity of environmental and developmental functions of forest management and their sustainable utilisation is a challenge for both developing and...

Dryland salinity has resulted from clearing of deep-rooted plant species for farming. Farm diversification with trees and perennial pasture species may therefore reverse this problem. However, current opinion is that existing land uses are close to economic optimum and therefore changes...

This paper investigates the key decision parameters of farmers related to the allocation of land between wheat production and pasture for sheep (wool) production. Wheat area supply response, is estimated across the Australian wheat-sheep zone using data for the period 1991 to 2004. Statistical...

Farm planning generally focuses on optimal diversification with respect to risk and uncertainties, where the risk-management strategies combine production, marketing, financial and environmental responses of the production of farm firm. In this study an empirical examination of farm...