Information on efficient regional patterns of agricultural production can be useful in devising policies for adjustments in farming that are consistent with modern conditions and concepts of economic development. Such knowledge can also indicate the amount and location of land to be withdrawn...

In many analyses of profit maximization, attention is directed to large herds and specialization in milk production. Why then do some farmers persist in keeping small dairy herds even when prices for Grade B milk become quite low? This article shows that even with relatively low prices for milk...

A Comprehensive model of U S agriculture incorporates the spatial pattern of supply, resource use, and the technical structure of agricultural production that is generated by a linear programming component, and it utilizes detailed information on market structure, processes, and prices that is...

Prediction in production economics helps individuals and groups to make choices among the uses of resources. Prediction is usually mad by using a sample drawn from a population in which the variables quantities, or parameters to be estimated are already in existence. But in many situations with...