Fluid milk marketing in Australia is generally associated with an administered system where free market forces are unable to operate due to public intervention. Such interference creates a situation where, as Throsby [6, p. 243] puts it, 'returns to the fluid milk sector are maintained by...

Anne Booth (1998), The Indonesian Economy in the Nineteenth and Twentieth Centuries: A History of Missed Opportunities, Macmillan, London, and St Martin's Press, New York, pp. xvi + 377. Paper: US$ 19.95; cloth: US$ 79.95. J. Thomas Lindblad (1998), Foreign Investment in Southeast Asia in the...

The case for timed local calls (TLC) is overwhelming on both equity and efficiency grounds. However, Telecom's example of a pricing structure for (TLC) would probably have raised revenue substantially. The efficiency effects depend on the structure of local prices and on what is done with the...

The Australian Housing Allowance Voucher Experiment (HAVE) appears to be a radical change in Government policy towards low-income housing. There are moves to remove subsidies in kind, by raising government dwelling rents to market levels, and to replace them with housing allowances payable to...

The diesel fuel rebate scheme which returns most of the excise on diesel fuel used off-road by agricultural and mineral producers has been debated. Removal could cause three inefficiencies (input choice distortion, deadweight losses on reduced exports, and flow-on inefficiencies in domestic...