Single-index models from portfolio theory have previously been adapted for risk efficient farm planning in North America. The potential for using single-index models in farm planning is considered in this paper both theoretically and in the light of two illustrative Australian case studies. It...

Regulation of the New South Wales dairy industry creates inefficiencies and raises the cost of production. In this study, the industry is modelled by adapting an ABARE subregional programming model, and using spatial equilibrium linear activity analysis to examine the effects on the production...