Download or read book Farm Family Expenditure Functions written by Vishwa Shanker Shukla and published by . This book was released on 1972 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Farm Family Spending in the United States written by and published by . This book was released on 1958 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report brings together some interpretations of data on farm family spending from surveys made by the U.S. Department of Agriculture.
Download or read book A Model of an Agricultural Household written by Howard Barnum and published by Johns Hopkins University Press. This book was released on 1979 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: A model addressing agricultural responses to public interventions is described. The model is confined to the short run, and it allows an assessment of the policy significance of changes in five variables that are exogenous to the household. The first variable is the price of the main agricultural output, emphasizing the elasticities of both output and market surplus; the second is the wage rate for agricultural labor, focusing on the elasticities of household labor supply and demand for hired labor; the third is the size of the family labor force, which is essential for estimating shadow wage rates; the fourth is the number of dependents, in order to permit an assessment of family planning policies; and the final variable is technology. The main features of the model are the role of the labor market, household production, household consumption, and the aggregate effect of household responses. Applicaton of the model to the Muda River Valley demonstrates that it is appropriate to a number of policy isues ranging from output price intervention to technological innovaton. Specifically, the model indicates that the economic cost of rural to urban migration is small when compared to the marginal productivity of the migrant before his departure.
Download or read book Agricultural Household Models written by Inderjit Singh and published by . This book was released on 1986 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the basic model of an agricultural household that underlies most of the case studies undertaken so far. The model assumes that households are price-takers and is therefore recursive. The decisions modeled include those affecting production and the demand for inputs and those affecting consumption and the supply of labor. Comparative results on selected elasticities are presented for a number of economies. The empirical significance of the approach is demonstrated in a comparison of models that treat production and consumption decisions separately and those in which the decisionmaking process is recursive. The book summarizes the implications of agricultural pricing policy for the welfare of farm households, marketed surplus, the demand for nonagricultural goods and services, the rural labor market, budget revenues, and foreign exchange earnings. In addition, it is shown that the basic model can be extended in order to explore the effects of government policy on crop composition, nutritional status, health, saving, and investment and to provide a more comprehensive analysis of the effects on budget revenues and foreign exchange earnings. Methodological topics, primarily the data requirements of the basic model and its extensions, along with aggregation, market interaction, uncertainty, and market imperfections are discussed. The most important methodological issues - the question of the recursive property of these models - is also discussed.
Download or read book The Market Functions and Costs for Food Between America s Fields and Tables written by United States. Department of Agriculture. Economic Research Service and published by . This book was released on 1975 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Household Modelling and Family Economics written by F. Caillavet and published by Newnes. This book was released on 1994-12-07 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural households, both in the European Union and world-wide, have experienced important changes during the last three decades. This book covers recent advances both in family economics and in modelling the relationship between the farm-household and the farm-firm. Both theoretical and empirical aspects of Agricultural Household Modelling and Family Economics are also discussed, providing a timely contribution to research in this area.
Download or read book A Theory Of The Consumption Function written by Milton Friedman and published by Pickle Partners Publishing. This book was released on 2016-03-28 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empirical evidence and a valid instrument in the hands of future economic researchers and policy makers? In this volume a distinguished American economist presents a new theory of the consumption function, tests it against extensive statistical J material and suggests some of its significant implications. Central to the new theory is its sharp distinction between two concepts of income, measured income, or that which is recorded for a particular period, and permanent income, a longer-period concept in terms of which consumers decide how much to spend and how much to save. Milton Friedman suggests that the total amount spent on consumption is on the average the same fraction of permanent income, regardless of the size of permanent income. The magnitude of the fraction depends on variables such as interest rate, degree of uncertainty relating to occupation, ratio of wealth to income, family size, and so on. The hypothesis is shown to be consistent with budget studies and time series data, and some of its far-reaching implications are explored in the final chapter. "...the most influential economist of the second half of the 20th century...possibly of all of it.”—The Economist "Friedman argued that the best way to make sense of saving and spending was not, as Keynes had done, to resort to loose psychological theorizing, but rather to think of individuals as making rational plans about how to spend their wealth over their lifetimes...The details are a bit technical, but Friedman’s ‘permanent income hypothesis’ and the Ando-Modigliani ‘life cycle model’ resolved several apparent paradoxes about the relationship between income and spending, and remain the foundations of how economists think about spending and saving to this day."—Paul Krugman, New York Times
Download or read book Farm Family Spending in the United States Some Changes As Indicated by Recent U S Department of Agriculture Expenditure Surveys written by United States. Department of Agriculture and published by . This book was released on 1958 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Farm Family Living Expenditure 1958 written by Canada. Dominion Bureau of Statistics. Consumer Expenditure Surveys Section and published by . This book was released on 1966 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Farm Family Spending in the United States written by and published by . This book was released on 1958 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Farm Family Spending in United States written by and published by . This book was released on 1958 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Farm Family Spending in the United States written by Agricultural Research Service, U.S. Department of Agriculture and published by . This book was released on 1958 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report brings together some interpretations of data on farm family spending from surveys made by the U.S. Department of Agriculture.
Download or read book Consumption Functions and Probabilities of Consumption Expenditures by U S Farm Operators 1961 written by Ohio State University. Ohio Agricultural Research and Development Center and published by . This book was released on 1970 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Farm Family Living Expenditure 1958 written by and published by . This book was released on 1966 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This publication contains information on expenditures made for commodities and services used for family living purposes by families of farm operators"--Preface.
Download or read book Estimating Production Elasticities and Cost Functions for Dairy Enterprises from Electronic Farm Records written by Larry E. Salathe and published by . This book was released on 1972 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FAMEX written by University of Alberta. Department of Rural Economy and published by . This book was released on 1985 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Older Farm Family and Medical Costs written by James Daniel Cowhig and published by . This book was released on 1960 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medical costs of the older segment of the U. S. population are a subject of considerable interest to public and private organizations. This special report was prepared to provide the most recent information available on the medical expenditures of the farm populations.
