Designing a conservation auction where bidders know the ecological value of their land poses challenges for policy makers because bidders will tend to increase their asking price. This is known as strategic behaviour, and it is particularly prevalent in sequential auction settings. The tender...

Contact Dr. Tihomir Ancev (tiho.ancev@sydney.edu.au) for a copy of this paper.

Australia in 1992 adopted the National Strategy for Ecologically Sustainable Development to ensure all future development occurs in a 'sustainable' manner. Measurement of the nation's sustainable development is currently conducted through the OECD Environmental Performance Review and various...

Conventional national accounting practice emphasises depreciation as both a physical loss in productive capital and an economic loss due to obsolescence. This emphasis is only partially paralleled in prescriptions for natural resource accounting, where resource depletion is typically treated as...

Communal water storage reservoirs (embungs) that serve many villages in West Timor, Indonesia, by providing water during the prolonged annual dry season are experiencing severe sedimentation problems. Sedimentation of reservoirs progressively reduces their water storage capacity and the benefits...

Economic research on the consumption of harmful goods focuses principally on the addictive nature of consumption rather than its impacts on health, despite medical research showing that consumers primarily consider health effects when making decisions about addictive behaviour. In this paper,...

The Jakarta Metropolitan area has experienced urban sprawl. Existing planning processes do not appear to manage sprawl effectively. The aim of this study is to empirically analyse the contribution of spatial externalities on sprawl, and its effect on proximate agricultural land and conservation...

Malaysia’s rice sector is highly protected, with the protection justified largely by arguments for food security. The government intervenes in the rice market by providing subsidies to farmers and consumers as well as imposing high import duties. Furthermore, the rice trade is controlled...

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...