IMPROVING ON SHADOW PRICE INFORMATION FOR IDENTIFYING CRITICAL FARM MACHINERY

abstract

• A method is presented for identifying critical farm machinery in a linear programming context. The method uses a technical coefficient sensitivity analysis formula that overcomes problems associated with direct use of shadow prices for critical machinery identification. Case studies show the formula identifies the benefits of altering machinery generally with less than 10% error. 1990 American Agricultural Economics Association.

authors

• Mccarl, Bruce

published proceedings

• AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS

author list (cited authors)

• MCCARL, B. A., KLINE, D. E., & BENDER, D. A.

citation count

• 1

complete list of authors

• MCCARL, BA||KLINE, DE||BENDER, DA

publication date

• August 1990

publisher

• Wiley  Publisher

published in

• American Journal of Agricultural Economics  Journal

Digital Object Identifier (DOI)

• 10.2307/1243027

start page

• 582

end page

• 588

volume

• 72

issue

• 3

URL

• http%3A%2F%2Fdx.doi.org%2F10.2307%2F1243027