Changes in farming systems require shifts in types of investment and expansion in the use of capital on farms. In this discussion the writer analyzes a capital, credit and loan repayment plan of aid in shifting from cotton to cotton-livestock farming on medium-sized farms in the Southern...

Developing implicit rental rates for capital inputs is an Important step in understanding the Impact of tax law changes on agricultural investments This article develops a methodology for estimating implicit rental rates and presents annual estimates of rental rates for seven categories of farm...

Data on lending activities of major farm real estate ienders are summarized. The loan data show the amount of loans made and repaid during each year as well as the amount outstanding at the beginning of each year. The interest rate data show the contractual rates charged on new loans during each...

A generally accepted theory of firm behavior is incorporated into an abstract computerized simulation model capable of handling many different environments and organizations. This model provides a means of studying management problems using the simulation approach by providing, in most...

Social accounting is so new that only a few specialists are fully aware of the associated conceptual problems or the popular confusions that may result from applying the terminology of accounting for private enterprise to given sectors or to the whole of the national economy. This article...

Effects of devaluation are examined for a one-commodity, tworegion case. A percentage change in price of the ()commodity will not exceed a percentage change in the quantity traded of the commodity. A change in quantity traded could be large, even under the assumption that underlying supply and...

Knowledge of the influence of depreciation on the costs of machinery usage is required for such decisions as custom hire vs. ownership of machines and timely replacement. Here, the author is developing a technique for estimating the joint effects of the fixed and variable elements on depreciation.

Official U S Department of Agriculture (USDA)estimates of net farm income, measured in nominal dollars, have fluctuated widely over the past few years When measured in real dollars, net farm income has trended downward, in the aggregate, it approaches the levels of the thirties Far fewer farm...

With the growing competition for Federal dollars, the land grant universities were asked to justify their budget to the Congress and the Office of Management and Budget using benefitcost analysis. The authors review previous studies of returns to agricultural research and present an analysis of...

The aggregate economic indicators and statistical series published by the U S Department of Agriculture provide insufficient Information for decisionmakers requesting disaggregated analyses of farm industries, farm types, or farm Sizes However, this Information can be obtained through the annual...