Showing 1 - 10 of 19
The effect of monetary policy on the farm sector remains controversial. Studies attempting to quantify the effects of monetary disturbances on real farm prices report conflicting results: some find that positive monetary shocks increase real farm prices in the short run, while others detect no...
Persistent link: https://www.econbiz.de/10005124876
This paper incorporates inventory dynamics into an analysis of market power. Using a model in which each firm accounts for the effect of its current action on the current and future actions of itself and its competitors, we show that measures of market power that ignore inventory dynamics are...
Persistent link: https://www.econbiz.de/10005134556
The model of exchanges in a competitive economy is developed that is based on an economic agent model who maximises the levels of satisfying his demands. The existence of a weak tendency to formation of value is shown. The interrelation between value and (a) technologies, (b) shadow prices in...
Persistent link: https://www.econbiz.de/10005135066
This paper builds a dynamic forward-looking model describing the approximate ten-year cattle cycle. The theoretical model improves on existing models by (1) keeping track of the age distribution of the capital stock, (2) allowing for heterogeneous expectations, and (3) recognizing that cow-calf...
Persistent link: https://www.econbiz.de/10005062473
AGRICULTURE IN ITS COMMON PARLENCE INCLUDES PRODUCTION, RESEARCH AND TRAINING IN THE FIELDS OF CROPS, FORESTRY, FISHING AND LIVESTOCK. NIGERIAN AGRICULTURE WAS CHARACTERIZED BY LOW FARM INCOMES; LOW CAPACITY LEVEL TO SATISFY FOOD AND FIBRE NEEDS OF THE COUNTRY, AND PRIMITIVE TECHNIQUES OF...
Persistent link: https://www.econbiz.de/10005118780
THE CONCEPT OF AN INDUSTRY IS IMPORTANT FOR ECONOMIC ANALYSIS. HERE, WE DEFINE SUGAR INDUSTRY AS GROUP OF FIRMS … PRODUCING SUGAR THAT ARE CLOSE SUBSTITUTES BY THE USE OF IDENTICAL PRODUCTION PROCESSES AND RAW MATERIALS. HOWEVER, SUGAR … NIGERIAN SUGAR INDUSTRY HAVE NOT INDUCED GROWTH AND DEVELOPMENT AND THUS A MORE URGENT ATTENTION WAS NEEDED FROM THE POLICY …
Persistent link: https://www.econbiz.de/10005412927
During the six decades which encompass state planning of the sugar and alcohol industry in Brazil, production quotas …
Persistent link: https://www.econbiz.de/10005556867
On 28 August 1998 the Treasurer referred the impact of competition policy reforms on rural an regional Australia for inquiry and report within 12 months of receiving the reference. The Commission is to assess the impact (both transitional and ongoing) of the competition policy and related...
Persistent link: https://www.econbiz.de/10005118925
In August 2002, the Commission was asked to look at the economic and social importance of the different industries in the Great Barrier Reef and its catchment. The Commission also would evaluate the costs and benefits of actions to address declining water quality which currently threatens the...
Persistent link: https://www.econbiz.de/10005118947
This paper looks at the impact on Australia’s trade in crops (non-wheat grains and oilseeds) where GM technology has been introduced. The model includes assumptions about the productivity gains of GM crops, possible consumer responses and regulatory costs for Australia and its major trading...
Persistent link: https://www.econbiz.de/10005407855