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With the growing competition for Federal dollars, the land grant universities were asked to justify their budget to the Congress and the Office of Management and Budget using benefitcost analysis. The authors review previous studies of returns to agricultural research and present an analysis of...
Persistent link: https://www.econbiz.de/10010882090
A multicommodity, multiregional linear programming model is employed to obtain price differentials between 16 U.S. regions for corn, barley, grain sorghum, and oats. The price differentials are used to obtain loan support rates (for the 1974 crop) in each region, for each grain, so that relative...
Persistent link: https://www.econbiz.de/10010882042
An empirical model accurately estimates row crop and extensive crop acreage in the North Central region. It shows (a) for each 1-acre increase in diversion, rcw crops decrease 0.62 acre and extensive crops decrease 0.12 acre, and (b) the annual shift to .row crops is diminishing.
Persistent link: https://www.econbiz.de/10010882059