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A generally accepted theory of firm behavior is incorporated into an abstract computerized simulation model capable of handling many different environments and organizations. This model provides a means of studying management problems using the simulation approach by providing, in most...
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Recursive aggregate demand and supply functions are used to simulate the ability of the farm sector to adjust during the 1970's to three policy alternatives. Different output demand elasticities and shifts in the supply and demand for farm output were assumed. Within reasonable bounds,...
Persistent link: https://www.econbiz.de/10010919434
The poultry� and egg�sector submodel of USDA's Food and Agricultural Policy Simulator (FAPSIM) endogenously estimates supply, production, ending stocks, retail and wholesale prices, civilian consumption of chicken, turkey, and eggs, the number of layers on farms, the consumer price...
Persistent link: https://www.econbiz.de/10010919645
Research on the market for irrigation water has been initiated to examine the institutional arrangements that have developed in certain areas to make irrigation water more readily transferable between farmers who have varying seasonal needs for water. This article outlines the manner and extent...
Persistent link: https://www.econbiz.de/10010919656
This article presents the structure, parameters, and validation statistics for the dairy-sector sub-model contained in the U S Department of Agriculture's (USDA's) Food and Agricultural Policy Simulator (FAPSIM) This submodel endogenously estimates dairy cow numbers, milk production farm-level...
Persistent link: https://www.econbiz.de/10010919993