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dc.contributor.authorRich, M. M.
dc.contributor.authorFoulds, L. J.
dc.date.accessioned2009-05-21T04:32:52Z
dc.date.available2009-05-21T04:32:52Z
dc.date.issued1980-09
dc.identifier.issn0069-3790
dc.identifier.urihttps://hdl.handle.net/10182/1078
dc.description.abstractThe aim of this study was to measure, from an economic efficiency viewpoint, the impact of making the domestic wheat pricing scheme more responsive to changes in the world wheat price. This was done by distilling information on the effects that alternative pricing schemes could have on those criteria thought to be of interest to policymakers. The results were based on historical data and therefore show what could have happened in the past if alternative schemes had been in operation. However it is unlikely that future data on variables, such as prices, will coincide with the past pattern. A problem encountered in this study was data availability. This resulted in the fixed costs and imported inputs involved in wheat and sheep production being disregarded. These are important omissions as machinery fixed costs and the import components of machinery in wheatgrowing are significant. The problem of data availability also caused an intractable validation problem, involving assumptions made concerning farmers' wheat area response to different schemes. A weakness was that the study considered only the average, not marginal, value of potential wheatgrowing land.en
dc.language.isoenen
dc.publisherLincoln College. Agricultural Economics Research Unit.en
dc.relation.ispartofseriesResearch report (Lincoln College (University of Canterbury). Agricultural Economics Research Unit) ; no. 112en
dc.subjectwheaten
dc.subjectfarm incomeen
dc.subjectfinancial analysisen
dc.subjecteconomic aspectsen
dc.subjectpricing schemesen
dc.subjectsurveysen
dc.subjectprofitabilityen
dc.subjectagricultural policyen
dc.titleAn analysis of alternative wheat pricing schemesen
dc.typeMonographen
dc.subject.marsdenFields of Research::340000 Economics::340200 Applied Economics::340201 Agricultural economicsen
dc.subject.marsdenFields of Research::340000 Economics::340200 Applied Economics::340203 Finance economicsen
dc.subject.marsdenFields of Research::300000 Agricultural, Veterinary and Environmental Sciences::300900 Land, Parks and Agriculture Management::300901 Farm management, rural management and agribusinessen
lu.contributor.unitAgribusiness and Economics Research Uniten


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