PRICE-LINKED FARM AND SPATIAL EQUILIBRIUM MODELS

The integration of detailed farm supply models with the basic spatial equilibrium model, is outlined. The direct linking of farm linear programming models with the spatial equilibrium model is achieved so that both prices and quantities are endogenous. Both the farm model and the spatial equilibrium model must be specified in primal-dual form to make the linkages. Limited details of the use of such a model in a study of a segment of the grain handling system in New South Wales are presented along with conclusions relating to the pricing of grain handling services.


Issue Date:
1994-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22953
Published in:
Australian Journal of Agricultural Economics, Volume 38, Number 2
Page range:
143-170
Total Pages:
28




 Record created 2017-04-01, last modified 2017-08-24

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)