The populist view of economic development and the environment is that advances in one will necessarily result in a decline in the other. Evidence in the Australian context is that the dual goals can be achieved simultaneously. As economic development progresses, the increasing levels of income...

Farms systems are open to financial systems. Financing matters. Analysis of questions about management of farms is a multi-dimensional task; focusing on economic efficiency only partly does the job. A financial system channeling funds efficiently from the non-farm sector to the farm sector,...

A whole farm budget for a representative farm in the Lower Namoi Valley in northern NSW was used to analyse the financial implications of a comparative rotational experiment of four cotton-based rotations conducted in recent years at the Australian Cotton Research Institute, near Narrabri. The...

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...

A rising saline aquifer in the Coleambally Irrigation Area constitutes a common pool resource, characterised by costly exclusion and rival utilisation for regional irrigators. The approach outlined in general terms in this paper is the application of formal, empirical techniques to guide the...