Graduate Thesis Or Dissertation

 

An economic analysis of the short-run demand for timeliness with special reference to farm machinery parts Public Deposited

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https://ir.library.oregonstate.edu/concern/graduate_thesis_or_dissertations/mk61rm32b

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  • This thesis is an attempt to develop a theoretical microeconomic model which can be used to examine the short-run demand for the timeliness of farm machinery repairs. This analysis focuses on the timing of the repair after a breakdown has occurred. The nonstochastic model developed allows the incorporation of the timing of the repair as a variable input into a production function. A yield function (a function which gives the instantaneous rate of output in bushels per acre as a function of the date of harvest) is used in deriving this production function. From the production function a demand curve for the timeliness of repairs can be derived. A constrained input demand curve (CIDC) is used to examine the demand for timely repairs. A specific functional form of the yield function is used in order to allow an easier examination of how various parameters affect the CIDC. Several testable hypotheses which result from the model are presented. An attempted test of one of the hypotheses is discussed.
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