Price-Linked Farm And Spatial Equilibrium Models
AbstractThe integration of detailed farm supply models with the basic spatial equilibrium model, is outlined. The direct linking of farm linear programming models with the spatial equilibrium model is achieved so that both prices and quantities are endogenous. Both the farm model and the spatial equilibrium model must be specified in primal-dual form to make the linkages. Limited details of the use of such a model in a study of a segment of the grain handling system in New South Wales are presented along with conclusions relating to the pricing of grain handling services.
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Bibliographic InfoArticle provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural Economics.
Volume (Year): 38 (1994)
Issue (Month): 02 (August)
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- Greenville, Jared W. & MacAulay, T. Gordon, 2004. "Tariffs and Steel: The US Safeguard Actions," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58452, Australian Agricultural and Resource Economics Society.
- Anderson, Duncan J. & Jack, Claire G., 2011. "Developing the Spatial Dimension of Farm Business Models," 85th Annual Conference, April 18-20, 2011, Warwick University, Coventry, UK 108782, Agricultural Economics Society.
- Louw, D.B. & van Schalkwyk, Herman D., 2000. "Water markets an alternative for central water allocation?," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 39(4), December.
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