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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....
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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...
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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...
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