The extent to which special interest groups influence the tariff depends on the incentive these groups have to seek tariff protection. This is demonstrated using data and parameters from the ORANI general equilibrium model of the Australian economy to provide empirical support to an attempt to...

A simple model is presented to demonstrate the point that allocative efficiency requires a suitable mix of flood-protection measures and this is not necessarily afforded by supplanting structural flood control measures with compulsory flood insurance schemes.