Farm systems in Australia are open systems. The financial openness of farm systems has implications for managing farms and, thus, implications for analysing farm management decisions and farm performance. In elaborating on this theme, capital investment in agriculture is considered and key ideas about agricultural financing and implications for farm management are identified. Focussing on the economics of farm management analysis, without corresponding equivalent attention to finance, is to do half the job.
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- Lewis, Philip E.T. & Hall, Nigel H. & Savage, C.R. & Kingston, A.G., 1988. "Taxation, Cost of Capital and Investment in Australian Agriculture," 1988 Conference (32nd), February 8-11, 1988, Melbourne, Australia 144037, Australian Agricultural and Resource Economics Society.
- Philip E.T. Lewis & Nigel H. Hall & C.R. Savage & A.G. Kingston, 1988. "Taxation, Cost Of Capital And Investment In Australian Agriculture," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 32(1), pages 15-21, April.
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