Dairy producers have focused on increasing production and ignored the implications this may have on resource allocation efficiency. Averaged comparative figures are used to justify the production message but these cannot distinguish the point at which diminishing profitability from additional...

F<sc>raser</sc> P., M<sc>ac</sc>D<sc>onald</sc> G. A. and M<sc>ullineux</sc> A. W. Regional monetary policy: an Australian perspective, <italic>Regional Studies</italic>. A structural vector autoregressive (SVAR) model for Australia is utilized to identify the domestic impacts of <italic>common</italic> monetary policy shocks on national and state business cycles...