Global climate anomalies affect world economies and primary commodity prices. One of the more pronounced climate anomalies is El Niño Southern Oscillation (ENSO). In this study I examine the relationship between ENSO and world commodity prices using monthly time series of the sea-surface...

Greater understanding of irrigator water trade decision-making processes provides insight into the efficient reallocation of water resources between competing uses. Water trade decisions are often modelled as single processes, although results in this paper suggest that sequential decision...

The paper analyses the differences of technical, allocative, cost and scale efficiencies of irrigated and rain-fed rice farmers in Sri Lanka in two different perspectives; first, relative to a common metafrontier, defined as the boundary of an unrestricted technology set and second relative to...

Choice experiments have become a widespread approach to non-market environmental valuation. Given the vast range of public opinions towards environmental management changes, it is desirable that analysis of discrete choice data accounts for the possibility of unobserved heterogeneity amongst the...

The seemingly high degree of trade complementarity between Australia and China indicates that freer trade between these two countries is likely to lead to mutual trade gains. In this paper, this complementarity was assessed based on the use of revealed comparative advantage (RCA) indices. It is...

The objective of this paper is to review likely trends in key drivers of productivity with a view to suggesting the rate of productivity growth that is likely to be required to maintain the competitiveness of Australian agriculture both within the Australian economy and relative to the...

Adaptations in environmental management often involve complex problems of collective action. Institutions introduced to reduce the transaction costs of solving these problems often come at considerable cost. An Institutional Cost Effectiveness Analysis Framework (ICEAF) developed to provide a...

Information deficiencies make selecting investments in R,D & E projects a difficult and uncertain task. Gardner (2004) likened the challenges and uncertainties of choosing the right mix of R,D&E projects to that of recruiting football players or breeding racehorses. In this paper approaches are...

This paper uses an index number profit decomposition approach to examine recent drivers of change in profitability in two key Commonwealth prawn fisheries, the Northern Prawn Fishery and the Torres Strait Prawn Fishery. This approach allows for the drivers of profitability that can be influenced...