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dc.contributor.authorChudleigh, P. D.
dc.contributor.authorFilan, S. J.
dc.date.accessioned2009-03-11T02:18:55Z
dc.date.available2009-03-11T02:18:55Z
dc.date.issued1976-06
dc.identifier.urihttps://hdl.handle.net/10182/882
dc.description.abstractThis paper uses a variance partitioning technique to attempt to measure the relative contribution of several factors to variation in sheep farm incomes. The analysis covers individual farms, individual regions, and the sheep industry as a whole. Although wool price fluctuations were identified as the principal source of variation in gross farm incomes, the results of this study confirm that the relative importance of product prices as a source of income variation increases as the scene shifts from the individual farm to the regional level and then to the industry level. This suggests that price smoothing may be more effective in terms of macroeconomic policy than as a palliative for the problems of income variation for individual farms.en
dc.language.isoenen
dc.publisherLincoln College. Agricultural and Economics Research Unit.en
dc.relation.ispartofseriesDiscussion paper (Lincoln College (University of Canterbury). Agricultural and Economics Research Unit) ; no. 34en
dc.subjectstatisticsen
dc.subjectfarm incomeen
dc.subjectsheep farmingen
dc.subjectagricultural policyen
dc.subjectwool pricingen
dc.subjectlivestock industryen
dc.subjectNew Zealanden
dc.titleA statistical analysis of sources of variance of income on sheep farms in New Zealanden
dc.typeDiscussion Paperen
dc.subject.marsdenFields of Research::340000 Economics::340200 Applied Economics::340201 Agricultural economicsen
dc.subject.marsdenFields of Research::340000 Economics::340400 Econometrics::340402 Econometric and statistical methodsen
dc.subject.marsdenFields of Research::340000 Economics::340200 Applied Economics::340205 Industry economics and industrial organisationen
dc.subject.marsdenFields of Research::340000 Economics::340100 Economic Theory::340102 Macroeconomic theoryen
lu.contributor.unitAgribusiness and Economics Research Uniten


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