The intertemporal management of irrigation water involves a consumption-storage decision, where the benefits of using water today are evaluated against the uncertain benefits of storing water for future use. Traditionally in Australia, state governments have centrally managed the major water...

We analysed to what extent the stochastic effects of two biological control agents (i.e. weevils and mycoherbicides) affect the optimal choice of Californian thistle control. A stochastic, dynamic optimisation model was set up to analyse strategies that maximise the expected net present values....

The welfare costs of urban water restrictions are now well recognised, even if not yet quantified with precision (see, for example, Edwards 2008). Notwithstanding the costs that attend this form of intervention, governments have proven reluctant to abandon them, at least until additional...

Dairy farming in the Waikato Region has contributed greatly to the reduction of water quality. Part of this is attributable to the issue of inappropriate disposal of dairy effluent. Regional authority data shows both costs and benefits of complying with effluent management regulations. Private...

The $2.1 million invested for the sweet corn research breeding program resulted in the release of Hybrix5 in 1995 which is a new sweet corn variety with improved insect and disease resistance. Based on the ex-post evaluation of this research program, it was estimated that the net benefits of the...

Soil acidification is one of the major forms of soil degradation in higher rainfall areas of the tablelands of NSW. A grazing experiment was conducted near Sutton, NSW, to assess the effect of various rates of superphosphate, lime, sewage ash and stocking rates on wool production and...

The introduction of measurement bias in parameter estimates into non-linear discrete choice models, as a result of using factor analysis, was identified by Train et al. (1987). They found that the inclusion of factor scores, used to represent relationships amongst like variables, into a...

The aim of this paper is to analyze the impact of the economic policies on the Argentinean Agricultural sector for the period 1980-2007. By evaluating the changes that have been taken place in the production styles and the role played by the rise in profitability of cereals, oleaginous crops and...