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Registros recuperados: 43 | |
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Freebairn, John W.. |
The objectives and relative effectiveness of different methods of providing temporary assistance to a particular industry experiencing a significant reduction in returns and liquidity are evaluated. It is doubtful that assistance can be justified for resource efficiency reasons. This is argued to be so when the cause of the downturn in industry returns is due to temporary factors, such as drought, and when it is due to long-term trend factors, such as economic growth. While an industry slump can cause welfare problems, most households are able to use contingency strategies, e.g. savings, or resort to existing welfare programs, e.g. unemployment benefits. Direct income grants are preferable to output and input subsidies as means of providing welfare... |
Tipo: Journal Article |
Palavras-chave: Political Economy. |
Ano: 1978 |
URL: http://purl.umn.edu/22726 |
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Freebairn, John W.. |
Taxation of agriculture has to be assessed in the context of the wider total economy system. A progressive income tax rate schedule is required to meet social goals of vertical equity. Efficiency properties of taxation of agriculture are difficult to assess because some capital income is taxed according to an expenditure base, some to a real income base and some to a nominal income base. |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance; Public Economics. |
Ano: 1995 |
URL: http://purl.umn.edu/12535 |
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Freebairn, John W.; Rausser, Gordon C.. |
A least squares estimator for utilizing forthcoming information to update or revise estimates of the parameters of an econometric model is derived, some properties of the updated estimates are discussed, and an illustrative application is provided. The forthcoming information includes new sample observations and a priori probabilistic information about changes, if any, occurring in the parameters of the estimated model over time. Recursive formulae for sequential updating of the parameter estimates are derived. The procedure is used to update estimates of the parameters of an equation describing annual net changes in the inventory of Australian beef cows. |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
Ano: 1974 |
URL: http://purl.umn.edu/9635 |
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Freebairn, John W.. |
A model and associated formulae are developed to estimate the size and distribution of benefits generated by different types of research for the Australian dairy industry. Particular attention is given to the influence of policy interventions on the estimates. The estimates of aggregate research benefits differ for free market assumptions versus current policy assumptions, but quantitatively the differences are small. By contrast, estimates of the distribution of benefits between different groups of consumers and farmers are significantly altered by the policy interventions. |
Tipo: Journal Article |
Palavras-chave: Research Methods/ Statistical Methods. |
Ano: 1992 |
URL: http://purl.umn.edu/22507 |
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Alston, Julian M.; Freebairn, John W.; James, Jennifer S.. |
Commodity levies are used increasingly to fund producer collective goods such as research and promotion. In the present paper we examine theoretical relationships between producer and national benefits from levy‐funded research, and consider the implications for the appropriate rates of matching government grants, applied with a view to achieving a closer match between producer and national interests. In many cases the producer and national optima coincide. First, regardless of the form of the supply shift, when product demand is perfectly elastic, or all the product is exported, domestic benefits and costs of levy‐funded research all go to producers and they have appropriate incentives. Second, if research causes a parallel supply shift, the producer... |
Tipo: Journal Article |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 2004 |
URL: http://purl.umn.edu/117861 |
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Freebairn, John W.. |
Placing a price on greenhouse gas emissions using an emissions tax or auctioning tradable permits provide the least cost government intervention to reduce pollution. Initial effects of the charge on pollution include an increase in the relative prices of greenhouse gas intensive products and production processes to reduce pollution, and a net increase in indirect taxes with a windfall boost to government revenue. There are at least three overlapping sets of economic efficiency, equity and political acceptance reasons for returning most of the windfall revenue gains to households as compensating income tax reductions and increases in social security payments as a tax mix change package. Most of the indirect tax increases will be passed onto consumers as a... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2011 |
URL: http://purl.umn.edu/100551 |
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Buffier, B.D.; Freebairn, John W.. |
The paper reports estimates of the short term response in the number of cattle placed on feed lots to changes in the prices of fat cattle, store cattle and grain. Data used in the analysis comes from interviews of a panel of feed lot operators regarding their intended 1974 throughput of cattle at different price combinations. Price combinations are identified at which no cattle would be placed in feed lots, at which feed lots would be used at maximum capacity, and at which price changes would induce changes in the number of cattle on feed. For the price responsive zone regression procedures are employed to estimate response price elasticities. |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
Ano: 1975 |
URL: http://purl.umn.edu/9195 |
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Freebairn, John W.. |
The 20 to 45 per cent fall in indexes of share market prices in mid-October 1987 was a worldwide phenomenon. It represented a sharp reversal to a five-year period of sustained increases in stock prices. It is important to assess the implications of the crash for Australian agriculture in the context of the world scene, because of the worldwide stock market crash, because of the interdependence of world financial markets and because of Australian agriculture's dependence on world markets for 60 per cent of its sales. This note looks at the likely implications of the stock market crash on Australian agriculture in terms of direct effects on land prices; direct effects on world economic activity; effects of lower economic activity on commodity markets; and... |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
Ano: 1988 |
URL: http://purl.umn.edu/9665 |
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Alston, Julian M.; Freebairn, John W.. |
Most previous studies of home consumption pricing and producer price equalisation schemes have concentrated on static economic surplus effects under an assumption of a perfectly elastic export demand. This paper compares the effects of different types of producer price equalisation schemes with free trade in the wheat, milk and egg industries allowing for a downward sloping export demand. Average values and variances of prices, quantities, revenues, and economic surplus measures are estimated for each policy in a simulation model allowing a range of values for elasticities of supply and demand, market shares, and variability of supply and export demand. The stabilisation effects of equalisation schemes are evaluated using these estimates. |
Tipo: Journal Article |
Palavras-chave: Agribusiness; Consumer/Household Economics. |
Ano: 1988 |
URL: http://purl.umn.edu/12270 |
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Freebairn, John W.. |
A model of the organization of the international wheat market is presented (a) to explain historical competitive behaviour in the market and (b) as a framework for analysing the likely effects of changes in market conditions on competitive behaviour. In the model the market is segmented into three interdependent sub-markets. The hard wheat sub-market is characterized by a co-operative duopoly model with Canada as the price leader, with the United States as the usually silent partner, and with a fringe of competitors. The soft wheat and durum wheat sub-markets are characterized by oligopoly models based on imperfect collusion between the three main respective sellers, and with a fringe of competitors. It is found that prices (particularly of hard wheats)... |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade. |
Ano: 1968 |
URL: http://purl.umn.edu/9129 |
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Freebairn, John W.. |
Droughts are a feature of the Australian agricultural scene. Most farmers develop successful strategies to grapple with drought. The purchased fodder and interest rate subsidies used in the 1982-83 drought are analysed. As partial input subsidies, they had serious flaws in meeting goals of efficiency, equity and welfare support. Alternative policies to provide incentives for rational private decision making and to provide direct welfare support are discussed and advocated as a preferable approach to future droughts. |
Tipo: Journal Article |
Palavras-chave: Risk and Uncertainty. |
Ano: 1983 |
URL: http://purl.umn.edu/22745 |
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Freebairn, John W.. |
This paper reviews the literature on the production, dissemination and use made of market outlook information for agricultural commodities. It focuses on the requirements and demand for market outlook information, the level of accuracy of information currently available, of future prospective gains in accuracy, some estimates of the value of outlook information, and government participation in the supply of outlook information. |
Tipo: Journal Article |
Palavras-chave: Farm Management. |
Ano: 1978 |
URL: http://purl.umn.edu/10307 |
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Freebairn, John W.; Alston, Julian M.. |
Producer profit‐maximising rules for generic commodity advertising programs and associated funding levies are derived. Lump‐sum, per unit and ad valorem levies, and government subsidy funding arrangements are compared and contrasted. The initial single‐product competitive market model is extended to incorporate international trade, government price policies, and multiple commodity interactions. |
Tipo: Journal Article |
Palavras-chave: Marketing. |
Ano: 2001 |
URL: http://purl.umn.edu/117385 |
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Freebairn, John W.; Quiggin, John C.. |
The relative merits of different systems of property rights to allocate water among different extractive uses are evaluated for the case where variability of supply is important. Three systems of property rights are considered. In the first, variable supply is dealt with through the use of water entitlements defined as shares of the total quantity available. In the second, there are two types of water entitlements, one for water with a high security of supply and the other a lower security right for the residual supply. The third is a system of entitlements specified as state-contingent claims. With zero transaction costs, all systems are efficient. In the realistic situation where transaction costs matter, the system based on state-contingent claims is... |
Tipo: Journal Article |
Palavras-chave: Property rights; State-contingent claims; Water; Resource /Energy Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/116968 |
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Registros recuperados: 43 | |
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