The economics of hill country development

Abstract

The problem is, is hill country development a good avenue for investment; if so, how, in general, should it be done? To help answer the question, a method of ranking alternative investments is required. With this, technological advances resulting from an increased research effort can be integrated with the real farm situation, and each new practice evaluated for its effect on the individual farmer. This is a long way from the subject of hill country development profitability. But without an understanding of the importance of making the correct choice, the economics of this particular sector of agriculture cannot really be appreciated.