This paper analyses productivity, profitability and efficiency by climate zone for the WA grains industry over the past 30 years. More specifically, following the studies by the Department of Agriculture and Food of Western Australia (2011) and Che, et.al (2012), this paper uses the Törnqvist...

Analytical results for steady-state values of the biomass that maximises the sum of inter-temporal economic profits (dynamic bMEY) are derived in terms of a generalised harvesting function. The conditions under which dynamic bMEY exceeds the biomass that maximises the sustained yield (bMSY) are...

Analytical results for steady-state values of the biomass that maximises the sum of inter-temporal economic profits (dynamic b_MEY) are derived in terms of a generalised harvesting function. The conditions under which dynamic b_MEY exceeds the biomass that maximises the sustained yield (b_MSY) are...

This paper analyses the dramatic increases in rice output and productivity in Vietnam due in large part to market reform, inducing farmers to work harder and use land more efficiently. The reform process is captured through changes in effort variables and a decomposition of total factor...

This article develops a dynamic model to account for the enhanced incentive effects that result from market reform through a move toward private property rights and competitive markets. Reform is captured through an emerging profits function which depends on effective prices and incentives to...

This paper uses a dynamic model to analyse the effects of liberalisation on the longrun output and transitional growth of the Vietnamese rice sector during the period of reform from 1981 to the present. In particular, the paper attempts to allow for the incentive effects which can result if...

This paper analyzes the dramatic increases in rice output and productivity in Vietnam due in large part to market reform, inducing farmers to work harder and use land more efficiently. The reform process is captured through changes in effort variables and a decomposition of total factor...

Long run excess fishing capacity affects both the profitability and biological status of a fishery. In order for policy makers to determine optimal resource allocation to a fishery and to establish whether a fishery is over-capitalised, it is important to identify both the level and the source...