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Dynamic Linear Programming Model for Agricultural Investment and Resources Utilization Policies

Abstract

In this paper a dynamic linear programming model for large scale farm development is presented. Special emphasis is placed upon the modelling of investment policies and associated resource utilization programs. Firstly, a flexible modelling procedure to handle capital input constraints of farms is outlined. In the second half of the study a dynamic linear programming model covering the whole farming system and the whole planning horizon is described. The paper concludes by summarizing the experiences gained in Hungary in the use of different linear and dynamic linear programming models of agricultural development

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