The main recommendations contained in the IAC's reports on rural references are outlined. The Commission's reasoning on four issues that are widely viewed as important to the formulation of rural policy is examined. The four issues are: assistance to industry; terms of trade; uncertainty and...

The classes of benefits and costs, private and external, arising from a partial movement from conventional to chemical-free farming are considered, a report is provided on a comparison of physical and financial characteristics of chemical-free and conventional cereal/livestock farming in...

The Industries Assistance Commission and the Green Paper on Rural Policy support different protection strategies. Both strategies allow the achievement of a pattern of protection consistent with Pareto-efficiency. The Green Paper on Manufacturing proposed an approach to tariffs that would...

The assumptions which must be made to accept ratios of energy output to energy input as an efficiency measure with normative significance are examined and found to be unrealistic. It is considered better for governments to modify market prices where divergences exist between private and social...