Sector And Spatial Analyses of the United States Feed Economy

Cover Sector And Spatial Analyses of the United States Feed Economy
Sector And Spatial Analyses of the United States Feed Economy
Yao H Chuang
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Solow, Linear Programming and Economic Analysis, McGraw-Hill Book Co. , New York, 1958, pp. 106-129.
E. O. Heady and W. Chandler, Linear Programming Methods, Iowa State College Press, Ames, Iowa, reprinted 1960, pp. 332-376.
G. G. Judge and T. D. Wallace, Okla. Agr. Exp. Sta. Tech. Bui. T-78, op. Cit. , p. 13.
2 G. G. Judge and T. D. Wallace, Spatial Price Equilibrium Analyses of the Livestock Economy, Application to Quarterly Models, Okla. Agr. Exp. Sta. Tech. Bui. T-79, December, 1959, pp. 20
...-26.
1964] SECTOR AND SPATIAL ANALYSES: UNITED STATES FEED ECONOMY 25 problem may be written as follows: Let V / be the variables associated with deficit regions and Ui be the variables associated with surplus regions. The problem then becomes: / = 2^>/ Vj t-sCii Ui = maximum, subject to (4. 11) / Vj0, and F 3 ->0 (4. 13) Since / = total transport cost calculated in the original minimization problem, the maximization problem just described may be thought of as finding the values of the C/i's and the F/s that will maximize the total gain in the value of the quantities shipped subject to nonpositive profits on each shipment.


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