ECONOMIC THEORY AND SHEEP-CATTLE COMBINATIONS
| dc.creator | Wills, Ian R. | |
| dc.creator | Lloyd, Alan G. | |
| dc.date | 2017-04-01T15:23:53Z | |
| dc.date.accessioned | 2026-07-09T03:41:31Z | |
| dc.description | This paper deals with the problem of determining the optimum combination of sheep and beef cattle on grazing properties. A major difficulty is that iso-cost functions (production possibility curves) for sheep and cattle are unstable and difficult to estimate because of sheep-cattle-pasture interaction. After discussion of theoretical difficulties consideration is given to practical approaches, based on the iso-cost function concept, which might provide graziers with useful guide-lines. Evidence is presented which suggests that the substitution rate between sheep and cattle with respect to pasture is not constant, and probably varies with stocking rate. | |
| dc.identifier | doi:10.22004/ag.econ.22884 | |
| dc.identifier | https://ageconsearch.umn.edu/record/22884/files/17010058.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/22884 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/538313 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/22884 | |
| dc.title | ECONOMIC THEORY AND SHEEP-CATTLE COMBINATIONS | |
| dc.type | Text |