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On-Farm Factors Influencing Investment In Crop Sowing Machinery

  • Kingwell, Ross S.
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    Farmers in grain industries make important decisions about investment in crop sowing machinery. This paper shows how some on-farm factors affect profit-maximising levels of investment in crop sowing machinery. The paper examines the effect on optimal investment of discontinuities in sowing opportunities, varietal portfolios and soil portfolios.

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    Article provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural Economics.

    Volume (Year): 40 (1996)
    Issue (Month): 03 (December)

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    Handle: RePEc:ags:ajaeau:22364
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    1. Eric E. Sorensen & James F. Gilheany, 1970. "A Simulation Model for Harvest Operations under Stochastic Conditions," Management Science, INFORMS, vol. 16(8), pages B549-B565, April.
    2. Longmire, Jim, 1995. "Changing Structure and Location of Australian Agriculture," 1995 Conference (39th), February 14-16, 1995, Perth, Australia 148803, Australian Agricultural and Resource Economics Society.
    3. Vanzetti, David & Quiggin, John C., 1985. "A Comparative Analysis Of Agricultural Tractor Investment Models," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 29(02), August.
    4. Bradford, Garnett L. & Reid, Donald W., 1982. "Theoretical And Empirical Problems In Modeling Optimal Replacement Of Farm Machines," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 14(01), July.
    5. Wetzstein, Michael E. & Musser, Wesley N. & McClendon, Ronald W. & Edwards, David M., 1990. "A Case Study Of Timeliness In The Selection Of Risk-Efficient Machinery Complements," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(02), December.
    6. Bruce A. McCarl & Wilfred V. Candler & D. Howard Doster & Paul R. Robbins, 1977. "Experiences With Farmer Oriented Linear Programming For Crop Planning," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 25(1), pages 17-30, 02.
    7. Edwards, William M. & Boehlje, Michael, 1980. "Machinery Selection Considering Timeliness Losses," Staff General Research Papers 11065, Iowa State University, Department of Economics.
    8. Smith, Vincent H., 1990. "The Effects Of Changes In The Tax Structure On Agricultural Asset Replacement," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(01), July.
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