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...

It has been generally agreed that Australia is a price follower on the world wheat market. However, to date, this has not been tested empirically. In this paper a transfer function model between prices of U.S.A. wheat and Australian wheat is set up to examine the existence, if any, of a...

In this paper, an examination of the demand for paper products in Australia in the light of product life-cycle theory is provided. Estimates of relative maturity in the market place and of ceilings to consumption are made for the various paper products. In addition to projections based on...

Most previous studies of home consumption pricing and producer price equalisation schemes have concentrated on static economic surplus effects under an assumption of a perfectly elastic export demand. This paper compares the effects of different types of producer price equalisation schemes with...

The farm-household system of smallholders in semi-arid eastern Kenya is described. This is followed by a review of the extent of adoption of a set of new practices. A lexicographic utility framework is then developed to analyse the interaction between household goals and technology adoption. The...

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...