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Subjective Equilibrium Theory Of The Farm Household
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Book Synopsis Subjective Equilibrium Theory of the Farm Household by : C. Nakajima
Download or read book Subjective Equilibrium Theory of the Farm Household written by C. Nakajima and published by Elsevier. This book was released on 2012-12-02 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is obvious that most of the agricultural production in the world is under the control of farm households (or family farms). This book aims to translate the characteristics of the farm household as an economic entity, into an economic theory. The book was originally written in Japanese, but various modifications have been made and new information added to the English version. The author defines the farm household as an economic entity which is a complex of the farm firm, the labourer's household and the consumer's household, and whose behavioural principle is utility maximization. The main purpose of the book is to construct a theoretical model of the decision-making behaviour of the farm household. For this purpose the method of subjective equilibrium analysis, which was used by J.R. Hicks for the consumer's household and the firm in Value and Capital, has been applied to the farm household. The major motif of the book may therefore be called ``Hicksian motif''. In analyzing the subjective equilibrium of the farm household, this book extends the Marshallian concepts of consumer's surplus and producer's surplus, by developing the three new concepts of labourer's surplus, self-employed producer's surplus and consumer's surplus. The analyses using the five concepts of economic surplus are the minor motif of the present book, which the author calls ``Marshallian motif''.Another important characteristic of this book lies in the presentation of newly developed theories of land rent. The author has tried to integrate the theory of leasehold tenancy (i.e. fixed rent tenancy) and that of share tenancy with subjective equilibrium theory of the farm household. In his foreword, John W. Longworth of the International Association of Agricultural Economists says ``From time-to-time an academic treatise appears which is truly different. This is one such book. It presents a self-contained normative theory of the farm household which is much more than just an elegant development of Hicksian and Marshallian ideas. Professor Nakajima introduces new concepts and develops a simple model of the farm household. He then extends this model in various ways to examine the subjective equilibrium of farm households under a wide range of economic circumstances. The exposition is clear and logic with each step in the argument explained in detail using both rigorous mathematical notation and easy to follow diagrams... With this book Nakajima is making his Life's Work available to non-Japanese Agricultural Economists. The international profession of Agricultural Economics will be richer for it.''
Book Synopsis Agricultural Household Modelling and Family Economics by : F. Caillavet
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 Peasant Economics written by Frank Ellis and published by Cambridge University Press. This book was released on 1993-11-25 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a revised and expanded edition of a popular textbook on the economics of farm households in developing countries. The second edition retains the same building blocks designed to explore household decision-making in a social context. Key topics are efficiency, risk, time allocation, gender, agrarian contracts, farm size and technological change. For these and other topics, household economic behaviour represents the outcome of social interactions within the household, and market interactions outside the household. A new chapter on the environment combines exposition of economic tools not previously covered in the book with examination of household and community decision-making in relation to environmental resources.
Book Synopsis The Economics of Animal Health and Production by : Jonathan Rushton
Download or read book The Economics of Animal Health and Production written by Jonathan Rushton and published by CABI. This book was released on 2009 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The efficient functioning of the livestock sector, encompassing all facets of input supply, production, processing and marketing, is critical for food security and safety. This book draws on both extensive literature and experience in animal health economics and livestock issues in Europe, Asia, Africa and Latin America. It provides comprehensive coverage of the history of livestock and animal health economics, theory and tools for the economics of animal health and production, a review of the application of economics to animal diseases and health problems, and worldwide examples of economic analysis and policy making.
Download or read book Economic Planning written by and published by . This book was released on 1986 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Development Economics by : Hollis Burnley Chenery
Download or read book Handbook of Development Economics written by Hollis Burnley Chenery and published by Elsevier. This book was released on 1988 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbooks of development economics/ edit. Chenery.-v.1.
Book Synopsis The Economics of Tropical Farming Systems by : Martin Upton
Download or read book The Economics of Tropical Farming Systems written by Martin Upton and published by Cambridge University Press. This book was released on 1996-12-12 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clear student text on theory and practice of economic decision making in tropical agriculture.
Book Synopsis Modelling the Efficiency of Family and Hired Labour by : Prem Jung Thapa
Download or read book Modelling the Efficiency of Family and Hired Labour written by Prem Jung Thapa and published by Routledge. This book was released on 2017-11-01 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003.The principal economic units in most developing countries are family based farm households. Empirical models that recognize the dual role of the farm household as producer and consumer in a theoretically consistent manner are essential tools for policy analyses. This book provides an important extension of the conventional farm household model by developing an analytical framework that allows for efficiency differences between family and hired labour as inputs in farm production. The model is estimated with survey data from the southern lowland region of Nepal. The estimation strategy is a two-step process. The first step estimates a farm-level production function in which is embedded a test for heterogeneity between family and hired labour. The labour heterogeneity detected in the production function estimation is incorporated, at the second step, in the labour supply estimation in a theoretically consistent manner. The methodological novelty is to relate the shadow wage rate for family labour to the observed market wage rate for hired labour, adjusted for the differential productivity of family and hired labour detected in the production function estimation.
Book Synopsis The returns to empowerment in diversified rural household: Evidence from Niger by : Wouterse, Fleur Stephanie
Download or read book The returns to empowerment in diversified rural household: Evidence from Niger written by Wouterse, Fleur Stephanie and published by Intl Food Policy Res Inst. This book was released on 2017-02-23 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Niger is a landlocked Sahelian country, two-thirds of which is in the Sahara Desert. Although only one-eighth of the land considered arable, the overwhelming majority of Niger’s households is involved in rain-fed agriculture largely for subsistence. Given erratic rainfall and low soil fertility, most smallholders fail to produce enough food to meet household requirements. Income diversification is thus the norm among these rural households and different income-generating activities offer alternative pathways out of poverty for households as well as a mechanism for managing risk in an uncertain environment. Empowerment is likely to be an important factor affecting the ability of households to diversity their activity portfolio and may also affect activity-incomes and thereby household welfare. In this study, I use new household- and individual-level empowerment data from the Tahoua region of Niger and regression analysis to quantify the effects of a range of human capital measures including empowerment on the activity portfolio and activity incomes of rural households. My findings reveal that empowerment in particular plays an important role in enabling households to engage in mixed diversification strategy, which combines staple cropping with nonfarm activities and migration. This is a “last resort” strategy for households in lower landholding quintiles to ensure food security and complement an inadequate resource base. Controlling for activity choice, three empowerment indicators in particular—confidence, group membership, and tenure security—strongly and positively affect income from staple and cash cropping, which on average makes up about 90 percent of household income. In fact, empowerment is the only human capital variable that strongly and positively affects total household income, opening up interesting avenues for policy interventions aimed at augmenting a household’s noncognitive ability through, for example, leadership training or encouraging producer group membership—to increase incomes of the rural poor.
Book Synopsis Agriculture and Rural Development in a Globalizing World by : Prabhu Pingali
Download or read book Agriculture and Rural Development in a Globalizing World written by Prabhu Pingali and published by Routledge. This book was released on 2017-05-08 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid structural transformation and urbanization are transforming agriculture and food production in rural areas across the world. This textbook provides a comprehensive review and assessment of the multi-faceted nature of agriculture and rural development, particularly in the developing world, where the greatest challenges occur. It is designed around five thematic parts: Agricultural Intensification and Technical Change; Political Economy of Agricultural Policies; Community and Rural Institutions; Agriculture, Nutrition, and Health; and Future Relevance of International Institutions. Each chapter presents a detailed but accessible review of the literature on the specific topic and discusses the frontiers in research and institutional changes needed as societies adapt to the transformation processes. All authors are eminent scholars with international reputations, who have been actively engaged in the contemporary debates around agricultural development and rural transformation.
Book Synopsis Economic Theory and the Ancient Mediterranean by : Donald W. Jones
Download or read book Economic Theory and the Ancient Mediterranean written by Donald W. Jones and published by John Wiley & Sons. This book was released on 2014-06-03 with total page 905 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Theory and the Ancient Mediterranean presents a comprehensive introduction to the application of contemporary economic theory to the ancient societies of the Mediterranean Sea from the period of 5000 BCE to 400 CE. Offers an accessible presentation of modern economic theory and its relationships to ancient societies Presents innovative expositions and applications of economic theory to issues in antiquity not often found in the literature Features insightful discussions of the relevance of contemporary economic models to various situations in antiquity Written for a broad range of scholars of ancient Mediterranean regions, including archaeologists, ancient historians, and philologists
Book Synopsis Income stabilisation in European agriculture by : Miranda P.M. Meuwissen
Download or read book Income stabilisation in European agriculture written by Miranda P.M. Meuwissen and published by BRILL. This book was released on 2023-08-28 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade agreements and reforms of the European Common Agricultural Policy increase the importance of agricultural risk management as a means to stabilise farm incomes. 'Income stabilisation in European agriculture' addresses farm income and risk management issues from various perspectives. A cohesive work is brought together on historic income data, quantitative analyses of future policy scenarios, actual farmers' perceptions and an updated view on various risk management instruments. In-depth analyses focus on Germany, Hungary, the Netherlands, Poland and Spain. Overall findings are synthesised in policy recommendations for agricultural risk management in European agriculture. For academia, this publication brings together an interesting variety of quantitative and qualitative methods to understand and interpret risk management concepts in agriculture. For public and private stakeholders analyses and reflections can be used in debating the domain of policy reforms, risk exposure and risk management in European agriculture.
Book Synopsis Economics of Marketable Surplus Supply by : Ping Zong
Download or read book Economics of Marketable Surplus Supply written by Ping Zong and published by Routledge. This book was released on 2018-10-26 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1998. Chinese farm households have been at the centre of the rural reform process since the introduction of the Household Responsibility System in the late 1970’s. There can be little doubt that, for decades to come, they will continue to be a focus of interest both in academic and political circles. This is particularly true in relation to their role of grain sector, when we consider the prominent position of grain in China’s political economy. There is also intense global interest in the impact of the reform process on the country’s future grain self-sufficiency and trade. This book is ambitious in both its scope and remit. Its primary focus is the behaviour of the marketable surplus element of farm households’ grain supply since the beginning of the reform period. The early chapters provide very valuable insights into the nature of the rural reform process; it then looks at the impact of the reforms on the structure of rural economy in general and farm households in particular. This part of the book is rich in statistics on the reform period. In the analytical section the emphasis is on the difficult area of household modelling, covering both theoretical and empirical aspects. Despite the data limitations, which the authors acknowledge, these chapters provide very valuable analyses of the grain price changes. In particular, their use of models which capture the interdependencies between grain marketable surplus supply is a genuine contribution. This book should be read by anyone with an interest in the rural reform process in China and will be of particular relevance to students, scholars and the policy community.
Book Synopsis The Role of Livestock in Agricultural Development by : Regina Birner
Download or read book The Role of Livestock in Agricultural Development written by Regina Birner and published by Routledge. This book was released on 2018-12-07 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this study aims to develop a theoretical framework for the analysis of livestock farming systems and their conditions of change. The framework should be generally applicable in developing countries and make it possible to analyse livestock farming in different agro-ecological regions. Secondly, Regina Birner applies the framework to a case study in Sri Lanka, the ecological conditions and agrarian structure of which is an excellent setting for studying the diverse factors influencing the action and change of livestock farming. Thirdly, Birner contributes to improving the planning basis for livestock developing policies in developing countries.
Book Synopsis Commercialization of Agriculture Under Population Pressure by : Joachim Von Braun
Download or read book Commercialization of Agriculture Under Population Pressure written by Joachim Von Braun and published by Intl Food Policy Res Inst. This book was released on 1991-01-01 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integration of traditional agriculture into local, national, and international markets is part of a development strategy oriented toward growth. Crop specialization and market integration are seen to hold the promise of wider employment opportunities, larger incomes, and improved consumption and nutrition for the rural poor. Such agricultural development also leads to the emergence of a rural service sector that provides additional employment. But whether the poor obtain a fair share, directly or indirectly, of the gains from commercialization of agriculture is largely determined by the policies and programs adopted. In Commercialization of Agriculture Under Population Pressure: Effects on Production, Consumption, and Nutrition in Rwanda, Research Report 85, Joachim von Braun, Hartwig de Haen, and Juergen Blanken examine the driving forces and the effects of commercialization in a study site in Rwanda, one of the most densely populated areas of Sub-Saharan Africa. This study represents part of IFPRI's continuing research on ensuring food security and alleviating poverty through agricultural commercialization. The present study assesses the interaction of increased commercialization with population growth and the results for production, household real income, family food consumption, expenditures for nonfood goods and services, and the nutritional status of the sample population. It also develops a long-term perspective for agricultural, employment, and nutrition policies.
Book Synopsis Farm and Community Information Use for Agricultural Programmes and Policies by : J. M. Dixon
Download or read book Farm and Community Information Use for Agricultural Programmes and Policies written by J. M. Dixon and published by Food & Agriculture Org.. This book was released on 1994 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Changes in the Socio-economic Structures in Rural North-West Pakistan by : Mohammad Asif Khan
Download or read book Changes in the Socio-economic Structures in Rural North-West Pakistan written by Mohammad Asif Khan and published by Mohammad Asif Khan. This book was released on 2007 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt:
