Foreign aid in Papua New Guinea (PNG) has been heavily criticised on the grounds that it has undermined incentives for domestic revenue collection, encouraged irresponsible expenditure behaviour and high levels of public debt, and contributed to the poor composition of government spending...

A central theme of the invasion biology literature is to predict the introduction and spread of biological invasions but predictive models rarely are applied to inform invasion management. Here, we demonstrate the utility of a spatio-temporal predictive model that has been used to inform...

The presence of transaction costs in trading implies a non-linear adjustment process of real exchange rates towards Purchasing Power Parity (PPP). This may make the traditional tests for PPP using a linear framework --- ones that generally tend to refute the PPP hypothesis --- unreliable....

Conventional wisdom suggests that subsidising biofuel production will reduce greenhouse gas (GHG) emissions. This paper shows that in many cases, and for a wide range of parameter values, this is not true. Biofuel subsidies can generate supply-side response by fossil fuel producers that...

Using the Survey of Living Conditions in Uttar Pradesh and Bihar of India and the second round of the Vietnam Living Standards Survey, this paper examines whether and to what extent rural consumption inequality of the poor differs in the two countries. While these two countries have experienced...

This paper measures the extent to which donor finance has contributed to higher rates of spending in three key development sectors of the PNG economy—health, education and infrastructure between 1974 and 2008. Results show that high rates of fungibility have occurred within PNG during this...

This paper uses quarterly data from September 1981 to December 2000 to quantify the extent to which the Australian real exchange rate is misaligned relative to its long-run equilibrium value. Our modelling suggest, that as of December 2000, the real exchange rate was seven percent below its...

This paper uses a dynamic model to analyse the effects of liberalisation on the longrun output and transitional growth of the Vietnamese rice sector during the period of reform from 1981 to the present. In particular, the paper attempts to allow for the incentive effects which can result if...

Poultry sectors’ domestic support and trade protection, or assistance, influences the way they develop, in particular their structure, trade, investments, and aspects of disease risk. Nominal Rates of Assistance (NRAs) measuring adjusted gaps between international and domestic prices were used...

Although the Australian dairy industry has performed well it has also faced considerable pressure over the past twenty years. A decline in the terms of trade and major structural change has provided added incentives for the industry to improve productivity. This paper constructs Tornqvist index...