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AN ECONOMIC INTERPRETATION OF IMPACT OF PHENOLOGICALLY TIMED IRRIGATION ON CORN YIELD AgEcon
Gowon, Dawuda T.; Andersen, Jay C.; Biswas, Basudeb.
An economic production function was derived in an analysis of water application to corn by phonological time periods. The quantities of use of water by growth periods as delineated by physical stages were tested for influence on final output of dry matter and grain. Several years’ data for three locations were utilized. The results tend to confirm the conceptual models and previous work in this type of analysis. Certain periods of growth were more critical than others.
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 1978 URL: http://purl.umn.edu/32553
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PROFIT MAXIMIZATION AS A MANAGEMENT GOAL ON SOUTHEASTERN MONTANA RANCHES AgEcon
Biswas, Basudeb; Lacey, John R.; Workman, John P.; Siddoway, Francis H..
While tests of producer rationality defined as conformity to the rules of profit maximization (or a similar postulate) for less developed countries are numerous, such tests for high-income countries are rare. This study investigates the extent of rationality observed in the production behavior of ranchers in southeastern Montana. The procedure used is that of Wise, Yotopoulos, and Nugent, based on a profit-maximizing production model. The data were collected by personal interviews for 69 ranchers. Results indicate that profit maximization is a reasonably good postulate for studying the behavior of ranchers, and that various policy measures, could, at least tentatively, proceed on that basis.
Tipo: Journal Article Palavras-chave: Farm Management.
Ano: 1984 URL: http://purl.umn.edu/32365
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DOES FOOD AID REALLY DISCOURAGE FOOD PRODUCTION? AgEcon
Mohapatra, Sandeep; Barrett, Christopher B.; Snyder, Donald L.; Biswas, Basudeb.
Tipo: Working or Discussion Paper Palavras-chave: Food Security and Poverty; Production Economics.
Ano: 1998 URL: http://purl.umn.edu/28369
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AN ANALYSIS OF TECHNICAL, ALLOCATIVE, AND SCALE INEFFICIENCY: THE CASE OF ECUADORIAN DAIRY FARMS AgEcon
Bailey, DeeVon; Biswas, Basudeb; Kumbhakar, Subal C.; Schulthies, B. Kris.
The economic efficiency of 68 Ecuadorian dairy farms is investigated by estimating technical, allocative, and scale efficiencies for each using stochastic frontier methodology. Empirical results show that technical inefficiency exists for all of these farms – ranging from 11.8% to 12.8%. Large and medium-sized farms are found to be allocatively more efficient than the small farms as a group. Finally, estimates of scale inefficiency show that most of these farms are producing output at a level below the optimum.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries; Productivity Analysis.
Ano: 1989 URL: http://purl.umn.edu/32456
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ON THE CHOICE BETWEEN THE STOCKING RATE AND TIME IN RANGE MANAGEMENT AgEcon
Batabyal, Amitrajeet A.; Biswas, Basudeb; Godfrey, E. Bruce.
A long standing question in range management concerns the relative importance of the stocking rate versus the length of time during which animals graze a particular rangeland. We address this question by analyzing the problem faced by a private rancher who wishes to minimize the long run expected net unit cost (LRENC) from range operations by choosing either the stocking rate or the length of time during which his animals graze his rangeland. We construct a renewal-theoretic model and show that, in general, this rancher's LRENC with an optimally chosen stocking rate is lower than his LRENC with an optimally chosen grazing cycle length.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/20744
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A DYNAMIC AND STOCHASTIC PERSPECTIVE ON THE ROLE OF TIME IN RANGE MANAGEMENT AgEcon
Batabyal, Amitrajeet A.; Biswas, Basudeb; Godfrey, E. Bruce.
This chapter uses a new ecological-economic approach to analyze the role of time in range management in a dynamic and stochastic setting. We first construct a theoretical model of a parcel of rangeland in which time restrictions are used to manage the land. We then show how the dynamic and the stochastic properties of this rangeland can be used to construct two managerial objectives that are ecologically and economically meaningful. Finally, using these two objectives, we discuss an approach to range management in which the manager has two interrelated goals. This manager maximizes the profits from range operations and (s)he also takes steps to move the rangeland away from the least desirable state of existence.
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use; Research Methods/ Statistical Methods.
Ano: 2003 URL: http://purl.umn.edu/22149
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