Irrigators in Victoria have a water entitlement which is composed of a highly secure water right and additional water which may be purchased if available. Water entitlements in NSW are based on the irrigated area with the actual volume of water received in any year depending almost entirely on...

This 1976 paper is one of several by Alaouze about estimating Armington elasticities for the ORANI model. It postulates that during periods of high demand, domestic producers are unable to supply goods promptly and so purchasers must wait for delivery. The implicit cost of waiting for domestic...

This 1977 paper is one of several by Alaouze about estimating Armington elasticities for the ORANI model. It postulates that during periods of high demand, domestic producers are unable to supply goods promptly and so purchasers must wait for delivery. The implicit cost of waiting for domestic...

By-catch reduction devices increase the equilibrium population of the by-catch species at every level of effort directed at the target species of fish. Also, cost per unit effort is increased and this reduces effort and profit. It is shown that for effective bycatch reduction devices, the fall...

The non-market component of forest standing value is considered by many to exceed the value of market goods from the forest, but this part of forest standing value is usually omitted from economic models that are used to determine the optimal forest rotation. These models therefore produce...