Abstract:
Throughout this paper, our attention was intentionally focused on the problems and difficulties with which agricultural policy is faced in regard to the 1possibilities and limitations of structural transformation. These were studied in the light of experience gained with the use of forecasting models. We did not by any standards explore all the alternative avenues, of such meaningful interpretations as can be given to the results of work with this technique. It appears, however, that both individual entrepreneurs engaged in the marketing of farm product and the empirical market researchers who advise them, can derive from these forecasts important pointers to entrepreneurial decisions. The estimates of future developments in supply and demand are particularly suitable for reducing the field of unknown and uncertain elements in the business calculations of farmers, food processors, merchants and co-operatives. Such forecasts assist them in their decisions relating to production, distribution and investment and can make, thereby, an important contribution to dissipating the uncertainties that surround a competitive market economy.
Research Papers
Agrimanager in France
Catalogue: Seminar 1996: European Agri-Business Under Pressure
Author: Klaus-Dirk Seibold
 
February 1, 1996
Research Papers
Technology - economic - policy change
Catalogue: Seminar 1992: European Agriculture In Transition
Author: John J. North
 
June 15, 1992
Research Papers
Problems of government intervention in agriculture
Catalogue: Seminar 1968: Market Research On Agriculture And Farmers
Author: T. K. Warley
 
May 1, 1968
