Considerable resources in the beef industry have recently been devoted to the establishment of a system of product description. A prerequisite for the success of any such system is the objective determination of consumer preferences. The trial outlined in this paper was aimed at determining...

The conceptual bases for project evaluation, the use of Hicksian consumer's surplus concepts of value, and the implementation of the currently accepted techniques for valuing non-marketed goods and services, are developed in some detail. While the primary focus is on partial equilibrium analysis...

Few issues of economic development arouse such deep emotions or controversies as the role of the foreign sector. Most orthodox economists believe that foreign aid, investment, technology and transnational corporations (TNC) are important contributory factors to economic development. On the other...

Estimates of total factor productivity in the meat processing industry in Queensland over the period 1968-69 to 1980-81 are provided, There was no overall improvement in productivity over this period, notwithstanding a decade of new investment during which the real value of the capital stock...

The Lau and Yotopoulos restricted profit function methodology for testing for differences in economic efficiency and its components of allocative and technical efficiency is applied to data from grazing properties in the High Rainfall Zone of New South Wales. Tests are made on the basis of...