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In this article I present a static economic analysis of the operation of milk marketing schemes (such as that administered by the New South Wales Milk Board) which employ marketing quotas for individual producers. This is a subject which has already received some attention in this Journal: I...
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Australia's balance of payments problems have, understandably enough, received a good deal of attention in the pages of the Economic Record in recent years. Some articles have proposed diagnoses of, and/or remedies for our "shortage" of foreign exchange. (1) Numerous references to the problem...
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One's judgment of an official report such as the Report of the Wool Marketing Committee of Enquiry, is, I think, influenced by three main considerations: first by the nature of its recommendations - and whether or not one agrees with them; second, by the quality of the argument and reasoning...
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In this paper I try to come to some conclusions concerning which farm products are likely to offer good promotional possibilities, and which types of promotion are likely to be effective.
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Does the seemingly disproportionate growth in Australia of agricultural economics, relative to other branches of applied economics, represent a misallocation of educational and research resources? Probably not, since (i) it may be better--because of the existence of increasing returns--to...
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