'The Role of Auctions in Allocating Public Resources' by Chris Chan, Patrick Laplagne and David Appels, was released on 20 February 2003. The paper provides an economic framework with which to consider the effectiveness and limitations of auction markets in allocating public resources. It links...

This paper provides an economic framework within which to consider the effectiveness and limitations of auction markets. The paper looks at the use of auctions as a policy instrument and the effects of auction design on consumer interests, the efficient allocation of resources, and industry...

This paper reports a use of the real-options valuation methodology to analyze wine grape vineyard investment under price and yield uncertainty. Threshold annual rates of revenue per hectare to trigger entry and exit, respectively, were calculated for three different sizes of wine grape vineyards...

This paper reports a use of a real-options valuation methodology to analyse wine grape farm investment under price and yield uncertainty. Revenue levels to incentivise entry and exit were calculated for three different sizes of wine grape farms in North West Victoria. The modelling identified...

One of the strengths of DEA in the measurement of technical efficiency is that it readily accommodates multiple-output multiple-input production technologies. In doing so, it assumes that each of the inputs is used jointly in the production of each output. In some applied studies, this can be...

General government investment in infrastructure has fallen in recent years for most of the countries in this study, (information is not available to assess whether this is true for public investment more generally). Nevertheless, overall investment in infrastructure has remained fairly steady in...

This Productivity Commission staff working paper, 'Modelling Water Trade in the Southern Murray-Darling Basin', was released in November 2004. It examines the likely economic impacts of expanding water trade in the southern Murray-Darling Basin. The paper uses TERM-Water, a bottoms-up regional...

"Greenhouse Gas Emissions and the Productivity Growth of Electricity Generators" by Greg Murtough, David Appels, Anna Matysek, and C. A. Knox Lovell, was released on 18 December 2001. This paper develops and applies a measure of productivity growth that can incorporate unpriced environmental...

The conference paper, 'Integrating rural and urban water markets in south east Australia: Preliminary analysis' by Gavan Dwyer, Paul Loke, David Appels, Susan Stone and Deborah Peterson, was presented to the OECD Workshop on Agriculture and Water: Sustainability, Markets and Policies Adelaide,...

The Productivity Commission staff working paper, 'Responsiveness of Demand for Irrigation Water: A Focus on the Southern Murray-Darling Basin', was released August 2004. This paper explores the determinants of the elasticity of demand for irrigation water. It focuses on three main irrigated...