Minimum wage legislation which results in higher avcrage wage rates for farm laborers would affect the assct stmcture and income flows of farm operators. A simulation model of financial struchlre of thc farm sector is uscd to show that highcr wage rates would result in inereased nonreal estate...

As farms become larger and more specialized, questions of the relationships between costs and income as affected by size become more important. This report on cost-size relations on irrigated cotton farms in the San Joaquin Valley, Calif., shows that the smaller farms, within the range of size...

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...

There are a number of estimation methods available to the econometrician. They range in complexity from least squares, which takes only a few minutes with pencil and paper for a simple problem, to full information maximum likelihood, which requires a large-capacity electronic computer for...

It 15 difficult to obtain c1osed-fonn solutions for input demand equations that are conducive to econometric estimation and policy analysis when the production function IS unknown Developments In the theory of duality facilitate obtaining such equations This article provides three examples of...

The widespread growth of bank (and other) charge-account plans implies a distinct possibility that retail food marketing, as well as the food producing, processing, and distributive sectors, indirectly, may become involved to a significant degree in a consumer credit operation. The purpose of...

It might be expceted that a more active conversation betwecil cnumerator and respondent would provide better data in an interview. Such an effect had been report!:d for health interviewing. However, it was not discovered in farm intervicwing in the survey analyzed in this paper. There is...

The role of the agricultural sector in economic growth has recently come under study. Numerous articles have appeared on the theoretical aspects (capital formation, increased productivity, etc.) of agriculture's contribution as well as on the numerical magnitude of changes that have taken place....