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Enterprise Budgeting×Agricultural Household Model×Partial Budget Analysis×
PodručjeFood Agriculture StudiesFood Agriculture StudiesFood Agriculture Studies
ObiteljProcess / pipelineRegression modelProcess / pipeline
Godina nastanka198419861988
TvoracFarm management tradition (Kay, Edwards & Duffy; Boehlje & Eidman)Inderjit Singh, Lyn Squire & John StraussCIMMYT Economics Program
VrstaFull-cost enterprise budgeting pipeline with per-unit cost of productionStructural production-consumption household model with separability testingMarginal partial-budgeting pipeline for a single farm change
Temeljni izvorKay, R. D., Edwards, W. M., & Duffy, P. A. (2020). Farm Management (9th ed.). New York: McGraw-Hill Education. ISBN: 9781259837463Singh, I., Squire, L., & Strauss, J. (Eds.). (1986). Agricultural Household Models: Extensions, Applications, and Policy. Baltimore: Johns Hopkins University Press for the World Bank. ISBN: 9780801932489CIMMYT Economics Program. (1988). From Agronomic Data to Farmer Recommendations: An Economics Training Manual (Completely Revised Edition). Mexico, D.F.: International Maize and Wheat Improvement Center (CIMMYT). ISBN: 9789686127188
Drugi naziviEnterprise Budget, Crop and Livestock Budget, Cost of Production Budget, Full-Cost Enterprise AnalysisFarm Household Model, Singh-Squire-Strauss Model, Non-Separable Household Model, Agricultural Household Production-Consumption ModelPartial Budgeting, Farm Partial Budget, Marginal Budget Analysis, CIMMYT Partial Budget
Srodne333
SažetakAn enterprise budget is a complete, per-unit projection of the revenues and costs of a single farm enterprise — a crop per hectare, a class of livestock per head — that, unlike a gross margin, accounts for both variable and fixed costs to arrive at net return and the full cost of production. Standard in farm management texts such as Kay, Edwards, and Duffy and Boehlje and Eidman, enterprise budgeting forces every claim on the enterprise's resources to be priced: not just seed and fertiliser, but depreciation, interest, land charge, and overhead. The headline outputs are net return per unit and the unit cost of production, the break-even price and yield that tell a manager what it really takes for the enterprise to pay its way.The agricultural household model treats the farm household as a single unit that is simultaneously a producer and a consumer, choosing how much to grow, how much labour to hire or supply, and how much to consume — decisions that ordinary firm theory and consumer theory treat as separate. Synthesised in Singh, Squire, and Strauss's 1986 World Bank volume, the model's central result is conditional: when all markets (especially for labour) function perfectly, the household's problem is recursive — it maximises farm profit first and then spends that profit like any consumer, so production decisions are independent of preferences. But when markets fail, the two sides fuse: a shadow wage replaces the market wage and household composition begins to drive production. Whether that separation holds is an empirical question, and Benjamin's 1992 Econometrica test is the canonical way to answer it.Partial budget analysis is a marginal method of farm management economics that evaluates the profitability of a single, well-defined change to a farm plan — adopting a new variety, adding an irrigation, switching a feed ration — without rebuilding the whole-farm budget. Codified for agronomic recommendation work in the CIMMYT Economics Program's 1988 manual From Agronomic Data to Farmer Recommendations, it rests on a simple insight: only the costs and revenues that actually change need to be counted. The analyst arranges those changes into four cells — added revenue and reduced costs on the positive side, reduced revenue and added costs on the negative side — and the net of the two columns is the change in profit attributable to the change alone.
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ScholarGateUsporedite metode: Enterprise Budgeting · Agricultural Household Model · Partial Budget Analysis. Preuzeto 2026-06-25 s https://scholargate.app/hr/compare