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Within the profession of agricultural economics are found academics, government economists, farm organization economists, and others. Although the profession is based on general acceptance of principles and judgements, the outlook and activities of an individual are conditioned by his...
Persistent link: https://www.econbiz.de/10005330502
With the development of farm management extension services in Australia, a need has arisen for an analytical technique which can be handled by extension officers and readily comprehended by farmers. Inter farm comparison met this need at a similar stage of development in the United States and...
Persistent link: https://www.econbiz.de/10005493227
Some notes prove something ; others disprove something. This one does neither. It merely sketches a simple model of the grazing complex. Of itself, the model is no more than an attempt to specify the more important economic relationships of the grazing complex in an explicit, orderly fashion....
Persistent link: https://www.econbiz.de/10005220701
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A simple utility-based model of risky wool production is presented. Evaluation of the model indicates the effect on optimal stocking rate of changes in the degree of risk aversion, farm area, variable cost, fixed cost, wool cut, wool price, variance of wool price, climatic variability and tax...
Persistent link: https://www.econbiz.de/10005330585
It is argued in this article that over the period from 1948 to 1963, lending to the rural sector by both trading banks and pastoral houses was characterized by an unsatisfied fringe of potential borrowers. Estimates are presented of the effects on rural lending by these agencies of changes in...
Persistent link: https://www.econbiz.de/10005330593
While the role of technical change in agriculture is seen differently by protagonists of different theories of development, the processes of technology generation and uptake are widely seen as progressive. In this vein, agricultural technology assessment is seen as contributing to research...
Persistent link: https://www.econbiz.de/10005805546
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The present article relates to pastoral firms in a drought-prone environment. For such firms, it explores the economic relationship between stocking rates, drought possibilities and fodder reserves. (1) The analysis shows that an optimal stocking rate can be ascertained for any given pattern of...
Persistent link: https://www.econbiz.de/10005484319