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Restrictions on input use frequently accompany the granting of institutional credit to farmers in developing agriculture. A general economic framework is suggested to analyze the net social benefits of such a policy. The paper discusses the potential for manipulating the policy variables to...
The Australian Meat Board (AMB) can influence the quantities sent to and the prices received for Australian beef and veal in the domestic and various export markets. Through its power to grant export licences and the conditions to be met in obtaining export licences the AMB can adopt the role of...
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Rural depopulation has put in question the economic viability of many rural institutions. This paper discusses a number of the important conceptual issues that need to be considered when examining the economics of one group of rural institutions, namely schools. Measurement of educational output...
Recognizing the lack of realism in optimal replacement analyses that assume constant prices and yield patterns over time, a stochastic model appropriate to rubber production is developed. Data drawn from Peninsular Malaysia are used to implement the model. The results suggest that efforts should...
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