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Investment decision processes typically involve the selection of projects, the timing of their initiation and the determination of the amount to be invested in each time period. A linear programming model considered appropriate for solving such models is described, in which the multi-dimensional...
Persistent link: https://www.econbiz.de/10005805628
A supply response model for New Zealand apples is specified and equa•tions for new plantings, removals, yields and adoption of an innovation are estimated. The model expands on perennial crop models previously estimated by incorporating the time pattern of adoption of a planting innovation...
Persistent link: https://www.econbiz.de/10005064522
It appears that the agricultural economics literature lacks much evidence upon which we can judge the performance of statutory boards as marketing institutions. This paper reports the achievements of the New Zealand Apple and Pear Marketing Board in two areas of supply diversion--the allocation...
Persistent link: https://www.econbiz.de/10005493378