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...

Recently there has been much concern regarding the use of forest resources in Australia. Proposals have been made to governments that would safeguard the forest environment but add to the costs of forest and logging industries. An analysis of the short-run effects of such proposals using the...

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...

The gross and unsubsidized net agricultural production from the major Australian farming regions have been calculated from data collected by the Bureau of Agricultural Economics. The results suggest that the wheat and sheep zone is the most important farming region, producing one third of the...

Productivity often increases in a part of an industry while remaining unchanged in the rest of the industry. In assessing the social gain from a productivity increase in a part of an industry producing a tradeable commodity it is necessary to consider the relationships between the part of the...