Higher productivity among large farms is often assumed to be a result of increasing returns to scale. However, using farm-level data for the Australian broadacre industry, it was found that constant or mildly decreasing returns to scale is more typical. On examining the monotonic change in...

The controversy on the convergence of socialism and capitalism has recently been focused on China. In this paper, an industrial organisation framework is used to portray the key features of "Socialism with Chinese Characteristics." The structure of supply and demand and the process of price...

Analysis of changes in the industrial composition of economic activity (structural change) is important for informed policy making. Such analysis can best be undertaken using a computable general equilibrium (CGE) model. CGE models recognize links among industries arising from their roles as...

This paper arises from a series of economic reports into the South Australian citrus industry undertaken by the Department of Primary Industries and Resources South Australia (PIRSA). The citrus industry faces a number of significant challenges. Future prosperity depends on the response....

The paper outlines the trading options that pertain to the Australian viticulture industry, some of the challenges for stakeholders that have surfaced in recent vintages and need to be managed differently in the changing market environment of intensifying competitiveness in the international...

Triple Bottom Line (TBL) measuring and reporting is a useful tool for policy makers, communities and industry to capture, measure and understand the social, environmental and financial contributions made by an activity in a relatively simple and transparent manner. TBL reporting provides a focus...

Transaction costs are a large proportion of the cost structure along the value chains of most industries, especially the food and beverage industries. Competition forces industries to structure their value chains to minimise transaction costs but, in agriculture, this process is commonly impeded...