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EVALUATION OF THE EFFICIENCY OF RESOURCE USE ON FARMS AND THE WELFARE OF FARM PEOPLE
Author(s) -
Standen B.J.
Publication year - 1972
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1972.tb00089.x
Subject(s) - welfare , resource (disambiguation) , public economics , resource use , resource efficiency , economics , environmental economics , business , natural resource economics , computer science , market economy , ecology , computer network , biology
Studies evaluating efficiency of resource use on farms and farmer welfare have commonly failed to specify the precise nature of problems often described in terms such as 'low‐income'. Hence superior, alternative welfare and resource use positions, of interest to the policy formulator, are inadequately specified. Additionally, criteria used in these studies have often been invalid or inappropriate. This paper examines the theoretical and operational bases of efficiency and welfare criteria.