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| Bennetton, Julia; Cashin, Paul; Jones, Darren; Soligo, James. |
| The Fire Management Program (FMP) of the Victorian Department of Natural Resources and Environment is responsible for the prevention and suppression of fires on public land in the State of Victoria. This article reports on an economic evaluation of the net benefits of these fire management activities for a representative year. The FMP is calculated to yield high net benefits to Victoria from its investment in fire suppression and prevention, through a reduction in the value of agricultural, capital and forest assets which would otherwise be lost to bushfires. |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1998 |
URL: http://purl.umn.edu/117227 |
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| Cashin, Paul. |
| The focus of this study is the estimation of the Australian demand for meat between 1967 and 1990, employing a demand systems approach which uses the linear approximate, almost ideal demand system (LA/AIDS) model. Two demand systems are estimated by maximum likelihood methods, one for aggregate types of meat and one for disaggregated meat products. After correcting for serial correlation in the two demand systems, restrictions from utility theory are imposed and tested for their appropriateness. By using a new data set on the Australian retail price and consumption offresh pork, ham and bacon, the results from the disaggregated model provide the first estimates of the own-price, cross-price and expenditure elasticities for these commodities. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1991 |
URL: http://purl.umn.edu/22621 |
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| Bardsley, Peter; Cashin, Paul. |
| For the ten crop seasons 1979-80 to 1988-89, returns to producers in the Australian wheat industry were underwritten by a government-guaranteed price floor. Similar schemes operate in other rural industries (dairy, apples and pears, dried fruits). Although the underwriting provisions have only been triggered once (in the 1986-87 season), the provision of this scheme has acted to reduce the risk normally associated with returns to producers of wheat in all years of its operation. This reduction in risk has been granted free-of-charge by the Commonwealth Government. The guaranteed price can be viewed as a put option taken out by the Government on behalf of growers - it gives growers the option to sell to the Australian Wheat Board at this floor price. The... |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 1990 |
URL: http://purl.umn.edu/22358 |
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