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A method for taking uncertainty into account when formulating aggregate agricultural policies is applied to the feed grain program. The impact of alternative feed grain programs on net farm income, Government payments, and feed grain production in the Southeastern Coastal Plains is shown. A...
Persistent link: https://www.econbiz.de/10010882098
Four strategies for farm growth are analyzed and compared on the basis of ownership, equity, and productive capacity achieved, and on the basis of resistance to adversity. The primary tool of analysis was a model utilizing a stochastic simulator interfaced with both ex ante and ex post linear...
Persistent link: https://www.econbiz.de/10010881921
Minimum wage legislation which results in higher avcrage wage rates for farm laborers would affect the assct stmcture and income flows of farm operators. A simulation model of financial struchlre of thc farm sector is uscd to show that highcr wage rates would result in inereased nonreal estate...
Persistent link: https://www.econbiz.de/10010919824
A Comprehensive model of U S agriculture incorporates the spatial pattern of supply, resource use, and the technical structure of agricultural production that is generated by a linear programming component, and it utilizes detailed information on market structure, processes, and prices that is...
Persistent link: https://www.econbiz.de/10010919338
As an aid to providing expanded and more complete information to agricultural policymakers, an agricultural policy simulator (POLYSIM) was developed and used to analyze alternative agricultural policy proposals and economic conditions. This report describes what POLYSIM does and the types of...
Persistent link: https://www.econbiz.de/10010919485
A system dynamics computer simulation model called GRAIN1 can be used to analyze public policy alternatives in the agricultural economy. American farm policy has been aimed at controlling commodity productions cyclic processes faced with many uncertainties. A systems approach such as GRAIN1,...
Persistent link: https://www.econbiz.de/10010919611
The prototype model developed in this paper is a deterministic simulation system, used to develop alternative commodity purchase plans and to show their differential impacts in terms of costs, tradeoffs, and benefits. The mod!!1 incorporates systems of demand parameters to account for economic...
Persistent link: https://www.econbiz.de/10010920035