Agricultural protection in rich countries, which had depressed Australian farm incomes via its impact on Australia’s terms of trade, has diminished over the past two decades. So too has agricultural export taxation in poor countries, which has had the opposite impact on those terms of trade....

The objective of a greenhouse gas (GHG) emissions trading scheme (ETS) is to reduce emissions by transitioning the economy away from the production and consumption of goods and services that are GHG intensive. A GHG ETS has been a public policy issue in Australia for over a decade. The latest...

This study examines the impact of flood-hazard zone location on residential property prices. The study utilises data from over 2000 private residential property sales occurred during 2006 in North Shore City, New Zealand. A spatial autoregressive hedonic model is developed to provide efficient...

When faced with opportunities for greater self-governance, the New Zealand fishing industry managed to make only limited progress. Why industry was unable to progress self-management more effectively remains an interesting question. This paper argues that the benefits of greater self-governance...

Efficient experimental designs offer the potential to reduce required sample sizes, or to reduce confidence intervals for parameters of interest, in choice experiments. Choice experiment designs have typically addressed efficiency of utility function parameter estimates. The recently developed...

We overview the roles of production structure models in measuring fisheries’ productive performance to provide policy-relevant guidance for fishery managers and analysts. In particular, we summarize the literature on the representation and estimation of production structure models to construct...

Review for: Politics and the Environment: Risk and the Role of Government and Industry, by Michael Howes. Published by Allen and Unwin, Crows Nest, Australia, 2005, pp. xxxiv + 218, ISBN 9781741142167 (pbk), $39.95

A multiyear discrete stochastic programming model with uncertain water supplies and inter-year crop dynamics is developed to determine: (i) whether a multiyear drought’s impact can be more than the sum of its parts, and (ii) whether optimal response to 1 year of drought can increase a...

Perceptions of a salinity ‘crisis’ in Australia around 2000 resulted in the establishment of a major national program that aimed to prevent, stabilize, and reverse trends in salinity. The National Action Plan for Salinity and Water Quality allocated A$1.4 billion of public funds to 1700...

This article explores the determinants of inequality in productivity in South African agriculture and differentiates between small-scale and large-scale farms in the sugarcane sector. The findings suggest that inequality slows down productivity and that land redistribution slightly improves it....