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A Dynamic Regional Model for Evaluating Resource Development Programs
Author(s) -
Tung FuLai,
MacMillan James A.,
Framingham Charles F.
Publication year - 1976
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1239257
Subject(s) - production (economics) , clearing , resource (disambiguation) , livestock , distribution (mathematics) , land use , natural resource economics , environmental science , environmental resource management , business , computer science , economics , geography , ecology , forestry , mathematics , computer network , mathematical analysis , finance , biology , macroeconomics
The purpose of the paper is to describe and demonstrate the usefulness of a dynamic regional economic model for evaluating resource development programs. The model results indicate that without development programs land may constrain livestock production after 1976. The growth in crop production is demand determined and will not exceed available land. A labor requirement of 15,400 man‐years is projected for 1976 with 2,600 unutilized. Output and income distribution effects of drainage, training, and land‐clearing development programs are assessed for the Interlake Area of Manitoba.