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I taught AEC 620, Advanced Production Economics, every year between 1974, when I arrived as an assistant professor at the University of Kentucky, to 2012, when I retired. The following publication is one of the early sets of class notes I used in the course, dating from 1978 set up as an early...
Persistent link: https://www.econbiz.de/10011070450
It is widely believed that public and private research and educational activities have led to rapid advances in the production of crops and livestock, making farmers far better off than they would have been had these technological advances not taken place. The cash receipts data for the postwar...
Persistent link: https://www.econbiz.de/10011070629
This paper investigates some applications of high-resolution, three­ dimensional PC-based computer graphics to research and education in agricultural production economics. Examples illustrate issues in the identification of stages of production for the multifactor case; special cases in which...
Persistent link: https://www.econbiz.de/10011070631
This paper pushes beyond past efforts in employing computer graphics in a number of ways. In this paper, the capabilities of the SAS for drawing surfaces and contours of three-dimensional functional forms are combined with the drawing, annotation and sequential animation features of Harvard...
Persistent link: https://www.econbiz.de/10011070632
Persistent link: https://www.econbiz.de/10005513344
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Changes in income distribution are estimated for the U.S. South over the 1970 and 1980 decades using Gini coefficients for county-level, real family income. To explicitly investigate causal relationships between economic growth and inequality, a two-stage least squares model was estimated. In...
Persistent link: https://www.econbiz.de/10005469335
With the introduction of Variable-Rate Technology, farmers have the capability to decrease input costs, increase output or both. Not all farmers can justify purchasing the equipment, therefore relying on agribusiness firms to provide precision farming services. This study was conducted to...
Persistent link: https://www.econbiz.de/10005484112
This paper examines some of the historical trends in the evolution of research using econometrics, simulation, and operations research within agricultural economics. Agricultural economists are placing increased emphasis on economic theory and on increasingly sophisticated quantitative...
Persistent link: https://www.econbiz.de/10011143699
In this paper, we develop four paradigms of rural poverty. These paradigms were designed to help explain how different factors interact and result in significant numbers of rural poor­, poverty that persists even though the national economy has experienced sustained economic growth for over six...
Persistent link: https://www.econbiz.de/10011143700