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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...
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The Moore Catchment, which lies to the north of Perth, WA, suffers from a number of problems related to water management. Farmers want to manage salinity and waterlogging problems through the use of drains, but this has negative off-farm impacts on both the environment and flood risk. Views on...
Persistent link: https://www.econbiz.de/10010913187
Using an expected mean-variance model the changes in farm enterprise levels and indirect utility were examined under conditions of risk aversion, budget constraints and gross margin variance. An extension of the comparative statics of the expected mean-variance model was adopted by introducing a...
Persistent link: https://www.econbiz.de/10008853556
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
A changing agricultural extension environment has seen the private sector in Australia assuming an increased responsibility for the delivery of agricultural information to farmers. This paper is a "work in progress" report of a project being undertaken, with RIRDC funding, to document the public...
Persistent link: https://www.econbiz.de/10010914518
Dryland salinity is one of the most pressing land management problems in Western Australia. A number of projects are in progress to provide a more comprehensive picture of the location and extent of potentially saline areas in the landscape. Associated with some of these projects, a large number...
Persistent link: https://www.econbiz.de/10010913178
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
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