COVID-19 vaccines were released en masse globally in 2021. Policy makers regarded vaccines as important in dealing with the global coronavirus pandemic. Using available epidemiological evidence on the effectiveness of vaccines in reducing mortality and morbidity, we estimate the economic...

Applying recent estimates of total factor productivity (TFP) growth on Australian sheep farms, we analyse the long-run effects of TFP growth on the world wool market using a detailed model of the world wool market that treats raw wool, wool textiles and wool garments as heterogeneous...