Restrictions on input use frequently accompany the granting of institutional credit to farmers in developing agriculture. A general economic framework is suggested to analyze the net social benefits of such a policy. The paper discusses the potential for manipulating the policy variables to...

Investment in R&D has long been regarded as an important source of productivity growth in New Zealand and Australian agriculture. Perhaps because research lags are long, current investment in R&D is monitored closely. In this paper trends in public investment in R&D and in productivity growth...

Increasing life expectancies and uncertainty about future retirement incomes are likely to lead to various changes in behaviour. As expectations are revised, one potentially important adjustment mechanism is in labour force participation rates. There is already evidence these are rising for...