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Adams, Philip D.. |
An accurate knowledge of the supply responsiveness of agricultural exporting industries is crucial if sensible judgements are to be made about diverse policy initiatives, including initiatives having no obvious connection with agriculture. In this paper we compare some recent estimates of short-run supply elasticities for agricultural commodities in the Australian economy. Our attention is focussed particularly on the different types of production technologies and econometric methods used to derive values for these elasticities. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 1988 |
URL: http://purl.umn.edu/12276 |
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Adams, Philip D.. |
In the ORANI general equilibrium model, the supply behaviour of agricultural industries is the crucial element shaping the response of agriculture as a whole to any exogenous shock. In this paper, elasticity formulae which measure agricultural supply behaviour in the model are derived. These elasticities are found to be very sensitive to year-on year changes in the level of agricultural profitability, embodied within the model's data base. The appropriate procedure, therefore, is to construct a synthetic data set designed to capture the agricultural sector in a recent average year. Supply elasticities based upon these data represent the "preferred" estimates of this study. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 1987 |
URL: http://purl.umn.edu/12431 |
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Hatfield-Dodds, Steve; Adams, Philip D.. |
Australian economic modelling of policy options to reduce greenhouse gas emissions has to date given little attention to (i) crafting policy scenarios that use emissions revenues to target significant existing tax distortions, (ii) quantifying the effects of policy on the price and affordability of energy products, and (iii) communicating policy impacts on living standards relative to current levels, as well as relative to future levels in the reference case. Building on modelling undertaken for the Australian Business Roundtable on Climate Change - which found that real consumption and income continue to grow strongly with emission reductions - we find that smart tax reform could significantly reduce the economic impact of emissions reductions,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Greenhouse policy; Double dividend; Equity; Adaptive governance; Environmental Economics and Policy. |
Ano: 2007 |
URL: http://purl.umn.edu/10381 |
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