A great deal of attention has been devoted in the last two decades to assessing the economic consequences of agricultural research. The biotechnology revolution (see, for example, Hueth and Just, 1986; Kalter and Tauer, 1986) may provide a further stimulus to study of the size and distribution of...

Productivity often increases in a part of an industry while remaining unchanged in the rest of the industry. In assessing the social gain from a productivity increase in a part of an industry producing a tradeable commodity it is necessary to consider the relationships between the part of the...

The assumptions which must be made to accept ratios of energy output to energy input as an efficiency measure with normative significance are examined and found to be unrealistic. It is considered better for governments to modify market prices where divergences exist between private and social...

The main objective in this paper is to promote thinking on what "sustainable development" or "ecologically sustainable development" means for a small trading country. After a brief acknowledgement of some of the diverse literature on sustainability, there is a consideration of some realities...

The Industries Assistance Commission and the Green Paper on Rural Policy support different protection strategies. Both strategies allow the achievement of a pattern of protection consistent with Pareto-efficiency. The Green Paper on Manufacturing proposed an approach to tariffs that would...

A great deal of attention has been devoted in the last two decades to assessing the economic consequences of agricultural research. The biotechnology revolution (see, for example, Hueth and Just, 1986; Kalter and Tauer, 1986) may provide a further stimulus to study of the size and distribution of...