The non price mechanism used by the trading banks to ration credit among farmers was studied using a survey designed along the lines of a factorial experiment. Of the farmer characteristics studied, managerial ability emerged as being most important in affecting the amount a farmer could borrow....

The integration of detailed farm supply models with the basic spatial equilibrium model, is outlined. The direct linking of farm linear programming models with the spatial equilibrium model is achieved so that both prices and quantities are endogenous. Both the farm model and the spatial...

Methods of obtaining a utility maximizing solution from quadratic programming models for farm planning are presented. The methods require only simple modifications to models constructed to produce an EV frontier from a portfolio selection model.

This paper reviews the literature on the optimal replacement of capital equipment, especially farm machinery. It also considers the influence of taxation and capital rationing on replacement decisions. It concludes that special taxation provisions such as accelerated depreciation and investment...