The data collected in the panels are entered into the simulation model TIPI-CAL (Technology Impact and Policy Impact Calculations). The model allows the simulation of farms for up to ten years in the future
- in different regions and countries,
- with farms of different sizes and legal forms,
- under different policy, market and technology scenarios,
- and using different farm development and adjustment strategies.
In addition, a whole set of analytical tools for benchmarking (returns, cost and profitability), further data analysis as well as data and scenario management for policy and farm strategy analysis is available. Details of the tools as well as a documentation of the model is provided in the section tools.
The characteristics of TIPI-CAL are the following:
- Excel-spreadsheet
- Shareware for partners (after training by agri benchmark staff)
- Dynamic-recursive calculation of cash-flow
- Deterministic or stochastic mode of operation
- Detailed price and quantity structure for the beef finishing, cow-calf, cash crop & forage production and dairy enterprises
- 10 years projection/simulation of the farm data for a) updating farm data from one year to the next and b) policy impact and farm strategy analysis
- The main model output is a profit and loss account, a balance sheet and a cash-flow statement
TIPI-CAL farm-level economic indicators and calculation
