A method is outlined to test the stability of a plant location solution to changes in regional production. Supplies are generated within a probabilistic framework and used as input data for the usual otherwise static model. This approach also yields additional information on the probability of...

An examination of the decline in net farm income between 1966-67 and 1969-70 indicates that in the three major zones the following size groups will be non-viable (l) In the High Rainfall Zone, farms with less than 2,000 and more than 10,000 sheep, comprising 85 per cent of farms in the Zone. (2)...

One of the world's leading agricultural economists, T.W. Schultz, recently published an estimate of the effect of the adoption of new techniques on the efficiency of United States' agriculture. Schultz estimated the average increase in efficiency at from 0.8 per cent to 1.35 per cent per annum...

This study was based on the hypothesis that lenders to the rural sector have the potential to affect the rate of agricultural adjustment directly via capital formation. Multi-period linear programming models were developed to quantify the effects of lender policy on farm growth for wheat...