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A bioeconomic model of reservoir aquaculture in northern Vietnam, called BRAVO, is presented. The biological model is based on a conventional von Bertalanffy growth function and the economic model is a net revenue function. The greatest source of costs for the operation are restocking costs (75...
Persistent link: https://www.econbiz.de/10010882144
A generalisation of previous household models is developed to include production, consumption, storage, labour and land allocation decisions under price, yield, storage and investment risks. Implications drawn from this model include, that consumption can be a hedge against price risk and that...
Persistent link: https://www.econbiz.de/10010914832
Following the reforms of doi moi, household farms in Vietnam are being affected by policies which are implementing land, financial and trade reforms. The nature of agriculture in Vietnam is such that household farms operate within and are constrained by the activities of their location within a...
Persistent link: https://www.econbiz.de/10010881461
In this paper a model is developed which brings together elements of the household models, spatial trading systems and demand systems with elements of production and income risk. Some of the implications of the design are analysed. The design is focussed on the problem faced by Vietnamese farm...
Persistent link: https://www.econbiz.de/10010913193
Persistent link: https://www.econbiz.de/10010910029
Australian crop and livestock farmers face uncertain climate change and variability and a challenge for adaptation decisions. These decisions can be (1) adjustments to practices and technologies, (2) changes to production systems, or (3) transformation of industries, for example, by relocation...
Persistent link: https://www.econbiz.de/10010882120
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Persistent link: https://www.econbiz.de/10010916830