The objectives of the study reported here were (a) to attempt to identify pasture research findings which have been important for the development of improved pastures in a number of agricultural regions, and (b) to estimate the internal rates of return on the investment in pasture research in...

We use the concept of the elasticity of farm incomes with respect to changes in input prices to analyse the effects of a large increase in relative wages on selected measures of farm incomes. In order to estimate the elasticity of farm incomes we have to estimate elasticities and...

The results described challenge the generally accepted interpretation of the factors underlying the changes in sheep numbers in the arid zone of New South Wales. The extent to which long-run changes in rainfall have been ignored is highlighted. Estimates of output per man are derived, using the...