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The Potential for Enterprise Diversification and Resource Adjustment in the Wimmera Region of Victoria

Author

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  • Hunt, Colin

Abstract

The study concerns an important specialized wheatgrowing area of Western Victoria, located approximately 200 miles northwest of Melbourne. Linear programming was used to examine the effect of changes in enterprise mix and resource combination on farm income. The adoption of uncommon enterprises, and increases in the land/labour and wheat quota/land ratios were found to improve returns on the typical farm.

Suggested Citation

  • Hunt, Colin, 1972. "The Potential for Enterprise Diversification and Resource Adjustment in the Wimmera Region of Victoria," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 40(02), pages 1-12, June.
    • Handle: RePEc:ags:remaae:9618
    DOI: 10.22004/ag.econ.9618
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    File URL: https://ageconsearch.umn.edu/record/9618/files/40020067.pdf
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    Cited by:

    1. Powell, Roy A., 1972. "Product Trading - An Alternative To Transferable Wheat Quotas," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 16(3), pages 1-8, December.

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    Keywords

    Farm Management;

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