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...

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 Such knowledge can also indicate the amount and location of land to be withdrawn...

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

Books Reviewed: "Farmers in the Market Economy"; "The Concept of Poverty"; "The Techniques of Urban Economic Analysis"; "Agriculture in Economic Development"; "Natural Resources and International Development"; "Introducing Social Change, A Manual for Americans Overseas"; "Oxford Regional...