The concept of competitiveness develops and amplifies the older concept of comparative advantage. It is based on factors which influence domestic prices of inputs and outputs as compared with foreign competitor's prices of the same inputs and outputs. Usually national statistics of the ratio of...

The concept and measurement of the cost of capital is developed to include particularly the role of taxation in investment behaviour. The relative importance of factors influencing investment in plant and machinery is examined for five sectors which make up the broadacre industry of Australia....