Showing 1 - 10 of 437
There has been a low level of methodological controversy within the Australian agricultural economics profession. Johnson's 1963 paper is the most significant and in it he passed criticisms on agricultural production economists not unlike those currently being made by political economists of...
Persistent link: https://www.econbiz.de/10005525512
Conjoint measurement was used to determine consumer preference for fresh pork produced with genetically engineered porcine somatotropin (pST). A preference model was constructed based on three pork attributes, degree of fat reduction, price, and production technology, which allowed for...
Persistent link: https://www.econbiz.de/10005220710
This paper distinguishes between the hypothesis that the Victorian government developed a reputation for easy renewal of timber rights, so that the lack of clearly defined site sizes and the short-term nature of these rights did not matter, and the hypothesis that tenure and site size as written...
Persistent link: https://www.econbiz.de/10005525516
Few attempts have been made to estimate production functions for the Australian grazing industries. The question of the nature of the effect of input levels on production risk has been broached even more rarely. Previous investigators had to employ models and methods of estimation which embody...
Persistent link: https://www.econbiz.de/10005330480
In this paper the relationship between scientific agricultural research and aggregate rural productivity is investigated. The Solow 'residual' model is used to estimate productivity changes. An attempt is made to investigate the extent to which scientific research, measured by scientific...
Persistent link: https://www.econbiz.de/10005525496
The production function approach has been one of the two main ex-post procedures used to estimate the rate of return to agricultural research. A critical part of estimating the marginal internal rate of return (MIRR) is the procedure adopted to spread the benefits of research through time. Past...
Persistent link: https://www.econbiz.de/10005330553
Past studies of the farm sector have concentrated on the use of farm based resources in the farm context alone. Changes in the economic environment have widened the opportunities available to these resources and have thus tended to make this narrow definition of the farm firm less relevant. Some...
Persistent link: https://www.econbiz.de/10005525526
Technical change and the extent to which commodity supplies and input demands are interrelated in Sri Lankan peasant agriculture are explored in this paper. Using a multiple-product dual model, a seemingly unrelated system of product supply and input demand equations is estimated for four crops...
Persistent link: https://www.econbiz.de/10005805607
Non-compensatory preferences may form a significant component of individuals' values for non-market goods such as natural areas, especially in the context of a reduction in environmental quality. The widespread neglect of such preferences can result in erroneous estimates of changes in economic...
Persistent link: https://www.econbiz.de/10005805534
Tornqvist quantity indexes of output and input are computed for the period 1952/53 to 1976/77 from Australian Sheep Industry Survey data. The computation includes estimating the annual service flow from durable inputs. Total productivity in the sheep industry is estimated to have increased by...
Persistent link: https://www.econbiz.de/10005805516