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Standard spatial equilibrium activity analysis models, as developed by Takayama and Judge (1971), are based on linear supply and demand functions and fixed input-output coefficients. Such models are suitable for multiple market level trading systems where the fixed input-output coefficients are...
Persistent link: https://www.econbiz.de/10009444055
Game theory offers an alternative approach to standard means of resource assessment which can be of value in the definition and assessment of policy options for competing parties. Using a Nash co-operative game it has been possible in this paper to show the significance of fishing strategies for...
Persistent link: https://www.econbiz.de/10005493251
The integration of detailed farm supply models with the basic spatial equilibrium model, is outlined. The direct linking of farm linear programming models with the spatial equilibrium model is achieved so that both prices and quantities are endogenous. Both the farm model and the spatial...
Persistent link: https://www.econbiz.de/10005493397
Standard spatial equilibrium activity analysis models, as developed by Takayama and Judge (1971), are based on linear supply and demand functions and fixed input-output coefficients. Such models are suitable for multiple market level trading systems where the fixed input-output coefficients are...
Persistent link: https://www.econbiz.de/10005805519
Persistent link: https://www.econbiz.de/10005805690
This paper presents a participatory approach being used to monitor the changes in economic and social indicators within the Water Sharing Plan areas in NSW. The approach entails close cooperation and input from the stakeholders comprising engagement and scoping; profiling, literature review and...
Persistent link: https://www.econbiz.de/10005500662
Invasions by non-indigenous plant species pose serious economic threats to Australian agricultural industries. When an invasion is discovered a decision has to be made as to whether to attempt to eradicate it, contain it or do nothing. These decisions should be based on long term benefits and...
Persistent link: https://www.econbiz.de/10005500667
Using panel data, we estimate technology gaps for four distinct sheep-producing regions in Eastern Australia (Northern New South Wales, Central and South-Eastern New South Wales, South-Western New South Wales and South-West Victoria) that reflect spatial environmental and technological...
Persistent link: https://www.econbiz.de/10005500670
The history of the reforms of the assistance given to Australian agriculture over the past fifty years is a remarkable story, especially when contrasted with the experiences of most other OECD countries. The effects of these reforms have been captured by the Productivity Commission (and its...
Persistent link: https://www.econbiz.de/10005500672
Scope economies can be used in studies of farming systems to provide a measure of synergies between different farm enterprises and between activities within farm enterprises. In this paper, they are reported for farms in three benchmarking groups in Australia by estimating stochastic input...
Persistent link: https://www.econbiz.de/10005500676