The paper analyses the impact that European Union (EU) farmers’ and rural population’s awareness of biotechnology innovations and access to/trust in information on these issues (amongst other a priori determinants) have on their perceptions of risks and benefits of the applications of...

Environmental intervention is often seen as being high risk and high return. Traditional scientific hypothesis testing provides limited guidance to policy makers unless there is a high level of certainty in the supporting scientific evidence. Traditional cost-benefit analysis under uncertainty...

Growth of total factor productivity has contributed 41 per cent of output growth in Indonesian agriculture since 1975. This study examines the extent to which publicly funded agricultural research within Indonesia has contributed to this productivity growth, while allowing for other possible...

The Australian grain research system has undergone a profound transformation over the past 25 years. This began with the creation of Grains Research Development Corporation, which gave producers a voice within a national research system. In the second phase of development, the GRDC tendered for...

An equilibrium displacement model of the Australian dairy industry is being developed for estimating the net benefits from dairy research undertaken by DPI Victoria. In this initial version, the dairy industry is represented by a system of aggregate demand and supply relationships for two input...

We use the concept of the product space to analyze the key features of the transformation process in Africa with a focus on the agricultural sector. Between 1962 and 2008, we find that both specialization and diversification occur for the overall economy and across sectors. Our findings also...

A new stochastic process is introduced where permanent changes occur following a Poisson jump process and temporary changes occur following a normal distribution. The model is estimated using hard wheat basis data and is used to explain why the optimal length of moving average to forecast basis...