Of the number of seasonal forecasting systems that have been developed of late, none are of practical benefit to Western Australian farmers. This study aims to improve the methodology for assessing the value of forecasting technology ex ante to its development, using the Merredin agricultural...

This article examines the case of a risk‐averse mining firm facing a resource rent tax in order both to incorporate the role of the risk‐sharing quality of such a tax and to assess its implications given a government’s lease allocation system. The model develops the conditions required for...

This article discusses the principal claims made for the Resource Rent Tax (RRT) by Garnaut and Clunies‐Ross (1975, 1979) relating to its efficiency and potential for generating tax revenue relative to other forms of resource taxation, and also their concern about the greater uncertainty of...

This article analyzes the modified form of ad valorem royalty recently announced by the WA government in relation to gold production, which features a threshold price below which there is no tax liability and compares this royalty with a profit-based royalty. The level at which the threshold...

There is pressure in Australia for water management reform to ensure an efficient allocation of resources between productive uses and to provide adequate conservation of the environment. The establishment of water markets and trade has been seen as the primary mechanism for improving the...

Improving the conservation status of remnant native vegetation on private property (RNV) has a number of economic benefits. RNV can contribute to on-farm productivity through provision of unimproved grazing, timber products and stock shelter. It may contribute to enhancing the productivity of...

Sugar cane farms are the single biggest user of irrigation water in Queensland. Recent drought and unreliable rainfall patterns in areas traditionally reliant on rainfall for crop production has resulted in increasing interest in, and adoption of supplementary irrigation to help underpin...

The soil acidity research and extension program in Western Australia is made up of a number of projects, all of which are working towards the overall aim of helping farmers to manage soil acidity profitably. As a means of achieving this aim scientists are undertaking research to provide...

In this paper, a bioeconomic model is used to investigate possible externalities imposed by forestry on giant-clam farming in Solomon Islands. This is of economic interest due to the rapid expansion of forestry in that country and the potential for mariculture to become an important source of...

Ecologists frequently note the importance of modelling entire ecosystems rather than single species, but most bioeconomic models in the current literature focus on a single species. While the mathematical difficulty of multiple species may quickly become overwhelming, sometimes making the single...