Date of this Version
Thesis (M.S.)—University of Nebraska—Lincoln, 1969. Department of Agricultural Economics.
The problem of this study is the development and use of a model to analyze and evaluate the economic growth for a farm firm over a thirty year period. If the model is realistic, it should be possible to analyze the economic growth problems by showing management strategies at a different point in time.
The purpose of our study is to extend T. Vernon Greer’s 1968 thesis study in several comparative ways. Modifications have been made as follows:
We assumed three different capital requirements or aij values for the livestock activity with the same transfer of capital per head over time. These capital input requirements are low ($140), medium ($160) and high ($180) with a transferred value of $240 per head.
We brought a feedlot construction activity into the program. Instead of depreciating the feedlot construction value over time, we maintained it with the amount of maintenance cost at $1.50 per head per year.
Land acquisition was partly or totally restricted.
Advisor: James B. Hassler