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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...
Persistent link: https://www.econbiz.de/10010919734
Measures of per capita dollar incomes seem, at first hand, to be a good simple first approximation to obtaining some idea of the differences that exist between farmers' living standards and those of nonfarmers at any one point in time. But unfortunately, the following factors, among others, make...
Persistent link: https://www.econbiz.de/10010881893
A multiregional econometric model evaluates the impacts of changes in monetary policy on economic development in metropolitan and nonmetropolitan parts of each of the four principal U S Census regions Regional variations in the adaptation to a change in national monetary policy depend on a...
Persistent link: https://www.econbiz.de/10010881995
In regional economic development planning, achieving one objective often results In achieving less of another, tradeoffs exist among alternatives Two parts of area economic objectives are examined-gross regional product versus local employment and local wage bill versus local employment-and...
Persistent link: https://www.econbiz.de/10010919535
Education of the youth is recognized by workers in rural development as one of the most hopeful means of achieving satisfactory adjustment in low-income rural areas. Some writers have concluded that inadequacies in this regard represent one of the major causes for the persistence of problems in...
Persistent link: https://www.econbiz.de/10010919646
Rural-urban migrants in the United States do not appear to contribute unduly to the lower status urban occupations. Nationally, their shares in 1967 were about equal to their share of urban population in the professional and managerial occupations, higher among craftsmen and operatives, and...
Persistent link: https://www.econbiz.de/10010919805
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This research completes a series of estimates of supply relationships for corn, sorghum, oats, and barley. (See M. E. Ryan and M. E. Abel, "Corn Acreage Response .. .,"Agr. Econ. Res. 24(4); 102-112, Oct. 1972, and "Supply Response of U.S. Sorghum Acreage ...,"Agr. Econ. Res. 25(2); 45-55, April...
Persistent link: https://www.econbiz.de/10010882068