This paper develops a theoretical model to examine the relationship between the input elasticity of (technical) substitution and both farm total factor productivity and size. In the presence of ongoing technical change and its factor bias, the ‘income effect’ arising from farms’ cost...

Since the 1990s, Vietnam has made the transformation from being a net rice importer to becoming one of the world’s largest exporters of rice. In fact, Vietnamese farmers have been highly successful at increasing food production since the reformation (Doi moi) in 1986 so that by 2010, rice...

Rapid growth in Asia’s emerging economies has boosted export earnings of resource-rich economies over the past decade. Will those high growth rates continue, and how will structural changes in Asia alter the relative importance of their imports of primary products? This paper projects...

Contingent valuation methods (CVM) are integral in valuating non-market environmental issues. Numerous mechanisms have been proposed and analysed, as well as numerous studies on willingness to pay (WTP) and willingness to accept (WTA) discrepancies. Despite the concentrated and persistent focus...

Evaluating land use change in economic frameworks often requires non-market values to be assessed. However non-market valuation experiments can be sensitive to the way the trade offs are framed. The aim of the research reported in this paper was to examine the influence of varying the valuation...

The northern Australian beef industry accounts for approximately half of the national beef herd. It is currently challenged by a range of factors including decline in beef prices, limited live export trade, large farm debt levels, and low return on assets managed. Access to irrigation has been...

This research seeks to understand the impacts of the deregulation of export wheat marketing in Victoria’s western Wimmera. The dismantling of the single desk for wheat exports, operated by the Australian Wheat Board, was finalised in June 2008. In the five years since, no studies have...