In this paper, we develop a formal model that combines point-source emitters of waste, with landholders that can provide pollution-offset activities, in one ‘environment economy’. We use the model to demonstrate the societal benefits of such a system relative to a stand-alone tradable permit...

Australia is subject to widespread droughts, with significant financial implications for agricultural producers, regional, state and national economies. Most economic assessments conclude there is no economic efficiency case for governments to provide drought assistance. However, significant...

In this paper we present results of a statistical analysis of 380 landholders in the North Central and North East regions in Victoria that were interviewed after the first bidding round of the BushTender scheme. This survey asked questions about the economic, attitudinal and demographic factors...

In this paper we explain the economic evaluation system developed by economists―in conjunction with senior managers―for the Department of Natural Resources and Environment’s Agriculture Division. This evaluation system has two components: qualitative and quantitative. The former focuses...

This paper employs a dynamic multi-country framework to analyze the international macroeconomic transmission of El Niño weather shocks. This framework comprises 21 country/region-specific models, estimated over the period 1979Q2 to 2013Q1, and accounts for not only direct exposures of countries...

This paper identifies and describes the key features of Australian business cycles during 1959-2000. In particular, we identify the chronologies in Australia''s classical cycle (expansions and contractions in the level of output) and growth cycle (periods of above-trend and below-trend rates of...