The theory of induced innovation says that technological innovations which economize on relatively scarce inputs will be invented and adopted. Hayami and Ruttan have hypothesized that this model also holds for institutional innovations. Williamson suggests that economic organization, such as...

The brushtail possum (Trichosurus vulpecula), introduced to New Zealand in 1858, is a significant conservation pest and a major vector of bovine tuberculosis (Tb; Mycobacterium bovis). Consequently, central and local government agencies now spend more than $30 million (NZD) each year on possum...

The collapse in Australian pig prices during 1997/98 to their lowest levels in three decades triggered the third industry economic crisis for the nineties, appeals for government assistance and relief from pigmeat import competition. Two national inquiries were instigated in 1998: a Rural...

This paper analyses the impact of royalties in the context of a bilateral monopoly bargaining process. It is shown that the bilateral monopoly model is characterised by two distinct forms which are distinguished by the shape of the seller’s marginal cost function, and that the view that...

Recent theoretical work suggests that government policies may in°uence the quality mix of a commodity. This paper provides empirical evidence of quality responses to government policies for wheat policy implemented in France. Analysis is conducted using a detailed data set that includes the...

In this paper an extensive review of the theoretical and applied literature on NRA is provided. The review begins by explaining the economic theory that underpins NRA, contrasting welfare and sustainability as policy goals, and presenting various distinct conceptions of national income. The...

The recent analysis of global population forecasts of the past 30 years by the US National Academy of Sciences (Bongaarts and Bulatao, 2000) confirms that errors have been considerable and that population forecasts have generally been upward-biased. We adapt a standard global economic model to...

This study is motivated by the suggestion that the objectives of the AWB Ltd have changed since semi-privatisation of the Australian Wheat Board under the Wheat Marketing Act, 1989. Conceptualising this change of objectives as a shift from revenue maximization to profit maximization, this study...

The Liverpool Plains catchment faces a number of natural resource issues including dryland salinity, which has been attributed to removal of native vegetation, an increase in rainfall and the use of long fallow cropping systems. Opportunity cropping, where a crop is sown once the soil profile...

The Multi-species RIM (Resistance and Integrated Management) model is used in this analysis to investigate the value of Roundup-Ready® canola in the simultaneous management of annual ryegrass (Lolium rigidum) and wild radish (Raphanus raphanistrum). It is likely that the transgenic canola...