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| Mallawaarachchi, Thilak; Hall, Nigel H.; Phillips, Brian. |
| A long run programming model for analysing investment behaviour on perennial crop farms is formulated and applied to citrus and wine grape producing farms in the Murumbidgee Irrigation Area. Prices and technological parameters are defined exogenously, while the optimal replanting pattern of the crops and the optimal mix of irrigation techniques are determined endogenously. The model is used to examine likely investment in water saving irrigation technology at different crop prices and input costs. The results indicate that such investment is a profitable option at current water charges, particularly for those farmers with access to off-farm employment However, the adoption decision will be highly sensitive to potential cost savings. Water-saving technology... |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 1992 |
URL: http://purl.umn.edu/7421 |
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| Hall, Nigel H.; Menz, Kenneth M.. |
| This paper reports on estimates of the supply response to price changes of Australian broadacre farmers using a programming model. The products examined were beef, sheep meat, wool and cereals. Medium-term own-price and cross-price elasticities were estimated from a designed experiment with the model. These elasticities are presented and discussed in the context of estimates from other studies. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1985 |
URL: http://purl.umn.edu/12440 |
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| Hall, Nigel H.; Fraser, L.; Purtill, A.. |
| This paper describes a mathematical programming model of broadacre agriculture in Australia and presents estimates of national and regional supply responses made with it. Own-price and cross-price supply elasticities are presented for wool sheep meat, beef and crops and the results compared with those of two other major models of Australian agriculture. It is shown that long term supply responses for the commodities studied are substantially greater than unity as are cross-price elasticities in a number of cases. It is also shown that supply responses differ substantially between regions. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1988 |
URL: http://purl.umn.edu/12275 |
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| Lewis, Philip E.T.; Hall, Nigel H.; Savage, C.R.; Kingston, A.G.. |
| The concept and measurement of the cost of capital is developed to include particularly the role of taxation in investment behaviour. The relative importance of factors influencing investment in plant and machinery is examined for five sectors which make up the broadacre industry of Australia. It is shown that residual funds are important in determining plant and machinery investment, but not through the normally hypothesised channels. It is not the increased liquidity from increased income which raises investment, but the fall in the cost of capital, which is associated with the marginal rate of tax. |
| Tipo: Journal Article |
Palavras-chave: Public Economics. |
| Ano: 1988 |
URL: http://purl.umn.edu/22919 |
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