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 Such knowledge can also indicate the amount and location of land to be withdrawn...

Simulations of the U.S. dairy industry under a variety of conditions indicate that milk price variability would be considerably greater in the absence of price supports. Milk production would also be more variable, but significantly less than would milk prices. Summary statistics for the 1955-78...

To investigate the possibilities of establishing a representative sample of farms, using a system of data collection wherein farmers would report monthly their farm business expenses and receipts over a 12-month period, the U.S. Department of Agriculture entered into a cooperative agreement with...

Estimates are made of possible effects in Indiana of a part-farm general cropland retirement program, operating with and without the type of commodity programs that existed until 1970. Conclusions are drawn from estimates for four major groups of crop and livestock farms in each of five areas of...

A stochastic computer simulation model is used to estimate disaster payments under the Agriculture and Consumer Protection Act of 1973. The model uses a random yield generator and actuarial techniques. Simulated payments under 1976 program parameters and stochastic yields are estimated at $300...

Cover; In This Issue written by Clark Edwards; Contents

Books Reviewed: "A Guide to Keynes"; "E.A. Stokdyk-Architect of Cooperation"; "A textbook of Econometrics"; "Studies in Econometric Method"; "Resource Conservation: Economics and Policies"; "Woolen and Worsted Manufacturing in the Southern Piedmont"; "The Farmers' Movement, 1620-1920"; "Farm...

Increases in agricultural productivity contribute to national economic development and income growth in two major ways: they release labor resources for nonagricultural sectors and they supply an economic output above that consumed or used for further production in the agricultural sector-an...

Cover; In This Issue written by Gerald Schluter; Contents