APMAA'74: A MINIMUM-LEVEL AGGREGATIVE PROGRAMMING MODEL OF NEW SOUTH WALES AGRICULTURE

J. Richard Monypenny and Neal Walker

Review of Marketing and Agricultural Economics, 1976, vol. 44, issue 01-2, 16

Abstract: An Aggregative Programming Model of Australian Agriculture (APMAA) is being developed by a research team at the University of New England. This paper presents a minimum-level version of APMAA, known as APMAA'74 which was developed as a framework for further model development. In addition to insights gained with APMAA'74, the paper presents an example of its application to the State of New South Wales. In this application, a comparison is made of farm plans and their aggregative effects generated under the contrasting assumptions of producers holding expectations of there being a slump or there not being a slump in the price of wool.

Keywords: Farm; Management (search for similar items in EconPapers)
Date: 1976
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:9222

DOI: 10.22004/ag.econ.9222

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