ESTIMATING EDUCATION PRODUCTION FUNCTIONS IN RURAL AND URBAN AREAS

Community/Rural/Urban Development,

DEVELOPING REALISTIC AGRICULTURAL PRODUCTION FUNCTIONS FOR USE IN UNDERGRADUATE CLASSES

This note describes an approach for teaching undergraduate students basic properties of cost and production functions with the aid of computer-generated illustrations. Parameters of a third degree polynomial are derived by making use of both the theoretical restrictions and the specific agricultural production process. The function is then used as the basis for the development of a simple computer graphics program which generates illustrations of the corresponding MPP, AC, and MC functions. Such illustrations can be used to make technically accurate visual aids.Teaching/Communication/Extension/Profession,

IMPACTS OF COMMUNITY CHARACTERISTICS ON THE ATTRIBUTES OF PUBLIC EDUCATION

Public Economics,

ARE AMERICAN FARMERS BETTER OFF AS A RESULT OF TECHNOLOGY GAINS?

Research and Development/Tech Change/Emerging Technologies,

OPTIMAL MANAGEMENT STRATEGIES FOR ALFALFA PRODUCTION WITHIN A TOTAL FARM PLAN

This paper examines the impacts of alternative management strategies for the production of alfalfa within the context of a total farm plan. A linear programming model is used to represent a 600-acre farm which can grow either grain crops or alfalfa. Alfalfa production competes with the grain crops for available land, labor, machinery, and field time over a calendar of tillage, plating, cutting, spraying, and harvesting activities. The profitability of an acre of alfalfa and the contribution of alfalfa to net returns for the farm varies quite widely depending on the particular alfalfa management strategy selected.Farm Management,

AGRICULTURAL ECONOMICS RESEARCH AND THE EXPERIMENT STATION SYSTEM

This paper discusses the role of agricultural economics research within the land-grant university system. Fundamental differences between research in the biological sciences and the social sciences are delineated. Implications of these differences for experiment station research programs are discussed. Recommendations are made which have potential for enhancing the role of agricultural economics within colleges of agriculture.Teaching/Communication/Extension/Profession,

ENERGY PROBLEMS AND ALTERNATIVES: IMPLICATIONS FOR THE SOUTH

Resource /Energy Economics and Policy,

Determinants of Youth Poverty: A Zip Code Analysis

Estimation of Gini coefficients for various age groups indicates that Kentucky youth population is at risk. The paper determines the factors affecting youth poverty, employing Zip Code data. Analysis of outcomes provides suggestions for the policymakers to limit youth poverty in Kentucky.youth, poverty, Zip Code, gini coefficient, lorenz curve, logit model, Food Security and Poverty, I32, I39, R11,

ESTABLISHING LINKAGES BETWEEN ECONOMIC THEORY AND ENTERPRISE BUDGETING FOR TEACHING AND EXTENSION PROGRAMS

Accounting techniques of farm enterprise budgeting are rarely linked to the axioms of static production theory and to capital theory. This paper illustrates how certain linkages may be established. Particular attention is given to handling problems of scale economies, optimal output levels, replacement of durable inputs, inflation, and technological change. Estimates in an illustrative budget are linked to specific points on average cost curves. Budgeting for representative farm situations is compared to budgeting for specific situations.Teaching/Communication/Extension/Profession,

Economics of Food and Agriculture

This is a heavily‐revised version of an introductory agricultural economics textbook, Economics of Food and Agriculture, that was originally published by Kendall Hunt in 1990. The material is intended for use as a series of classroom presentations for an introductory agricultural economics course. No mathematics prerequisites other than basic algebra are required.https://uknowledge.uky.edu/agecon_textbooks/1003/thumbnail.jp