The capacity of farmers to adapt their businesses and adopt management practices that improve environmental outcomes varies greatly from case to case. Factors influencing this include the state of the farm business and its resources, the extent of the environmental problems, condition of native...

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...

Cooking oil is known as an essential commodity in Indonesia. Having such an important role, the Indonesian government often interfered the cooking oil market to assure its price remain low. To do so, the government uses a subsidy policy as one of its instruments. A dynamic duopoly model is...

This paper investigates the role of expected protein levels in determining the impact of protein premiums and discounts on firstly, a grower’s income stream, and secondly, a grower’s willingness-to-pay for a forward contract. The impact is examined for a range of expected protein levels...

This article analyses the risk-return efficiency of limits to which loan pricing accounts for credit risk in the Australian-farm sector. A key issue faced by banks is the trade-off between raising returns through higher risk premiums and the possibility of impairing credit quality. The...

Current arrangements for pricing water for power generation are often deficient in providing signals in which to base investment decisions and in allocating water to its highest valued use. To address these shortcomings, a framework is proposed which relies on a two-tier pricing systern....

The outstanding success of the Tuvalu Trust Fund (TTF) in providing a stream of revenue to overcome a chronic budget deficit and encourage economic self reliance has led the Government of Tuvalu to extend the trust concept to outer island development. This paper looks at the role of trust funds...

Many farmers argue that the Australian income taxation system provides an impediment to the operations agricultural sector. It is common for individual components of another tax system to be cited as providing more favorable policy settings. The paper provides an overview of major income tax...