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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.. |
The paper provides a review of the objectives of forecasts and of the techniques for generating forecasts in the context of agriculture. Forecasts provide information to facilitate decision making. The techniques are evaluated in terms of assumptions about the processes generating the forecast variables, their relative requirements for time, data and other resources, and their relative forecast accuracy. An evaluation of naive, informal model and econometric model forecasts of Australian agricultural commodity prices and production levels is reported. |
Tipo: Journal Article |
Palavras-chave: Research Methods/ Statistical Methods. |
Ano: 1975 |
URL: http://purl.umn.edu/22334 |
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Freebairn, John W.. |
Current dairy industry policy facilitates discriminatory pricing of milk used for market milk, domestic manufactured products and for export products. A variant of the Parish model is used to estimate transfer and efficiency costs of these arrangements. Transfers from consumers to producers represent about a third of gross farm returns. Efficiency costs of too little consumption are small. Estimated costs of excess production are between $25 million and $65 million a year. The model suggests important changes to the way in which the Industry Commission calculates rates of assistance to the dairy industry. |
Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy. |
Ano: 1992 |
URL: http://purl.umn.edu/12499 |
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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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Freebairn, John W.; Rausser, Gordon C.. |
It is postulated that some issues of economic policy in general, and of Australian agricultural policy in particular, may be analysed in the framework of an adaptive control model. Policy making is characterized as a rational, sequential decision-making process under conditions of imperfect knowledge in which forthcoming information may be used to learn about the uncertain terms as decision periods pass. Emphasis is given to the linear-quadratic control problem. The paper provides a review of the formulation of a policy problem in the framework of an adaptive control model and of derived policy strategies. An illustrative example is reported. |
Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy. |
Ano: 1974 |
URL: http://purl.umn.edu/22890 |
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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.. |
Econometric procedures are employed in an analysis of N.S.W. cattle and sheep producers' decision-making regarding the annual supplies of beef, veal, lamb, mutton and wool, and annual changes in the inventory levels of beef cows, dairy cows, steers, adult sheep and ewes mated to British breed rams. A simultaneous equation model containing fourteen stochastic equations is specified and estimated using annual data for the period 1953-4 to 1970-1. A set of derived reduced form functions are employed in a study of some dynamic behavioural relationships in the cattle and sheep sector. The estimated model is used to analyse some effects on prices, quantities and inventory levels of the imposition of a (10 cent per kg) tax on beef exports. |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
Ano: 1973 |
URL: http://purl.umn.edu/9629 |
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Freebairn, John W.; Gruen, Fred H.G.. |
The Australian Meat Board (AMB) can influence the quantities sent to and the prices received for Australian beef and veal in the domestic and various export markets. Through its power to grant export licences and the conditions to be met in obtaining export licences the AMB can adopt the role of a price discriminating monopolist without supply control. This paper evaluates the price, quantity, efficiency and distribution effects of the export diversification scheme introduced by the AMB in 1968, of some modified schemes proposed in 1976, and of an alternative system whereby rights to export to premium export markets with quota restrictions are auctioned. |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade. |
Ano: 1977 |
URL: http://purl.umn.edu/22989 |
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Freebairn, John W.. |
Tax reforms passed by Federal Parliament in June 1999 include rationalising indirect taxes, a tax mix change, and a smaller fiscal surplus. The impact or first‐round effects on the natural resource industries indicate large gains. Important second‐round reactions, particularly a real currency appreciation, erode most of, and in some cases more than all of, the first‐round gains. A complete assessment requires the use of general equilibrium models. |
Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2000 |
URL: http://purl.umn.edu/117795 |
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Edwards, Geoff W.; Freebairn, John W.. |
Productivity often increases in a part of an industry while remaining unchanged in the rest of the industry. In assessing the social gain from a productivity increase in a part of an industry producing a tradeable commodity it is necessary to consider the relationships between the part of the industry affected, the industry in the rest of the country concerned and the industry in the rest of the world. In this paper an attempt to assess the social benefits of serrated tussock control on the tablelands of New South Wales is critically reviewed and found wanting. An analytical framework is outlined that is conceptually appropriate to that task, and to other situations where cost per unit of output is reduced in a part of an industry. The social gains from... |
Tipo: Journal Article |
Palavras-chave: Productivity Analysis. |
Ano: 1982 |
URL: http://purl.umn.edu/12245 |
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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.. |
The paper argues from first principles and with supporting related empirical evidence that most of the final incidence of emissions taxes or tradable permits will fall on consumers of greenhouse gas intensive products. This distributional outcome supports an emissions reduction strategy of an emissions tax or auctioning the tradable permits, rather than gifting permits in a grandfather arrangement to current polluters as was done in Europe and has currency with proposals for Australia. Greenhouse gas emissions and climate change is a global pollution problem that gives rise to a prisoner’s dilemma problem in which the global cooperative solution in undermined by individual countries free-riding. Some of the issues and challenges to be overcome to reach a... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2008 |
URL: http://purl.umn.edu/6770 |
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Freebairn, John W.. |
This paper analyses the relationship between monthly observations on farm level and retail level prices of three meats, seven fresh vegetables, five fresh fruits, eggs and cereals over the 1970's. A priori reasoning and results of Sim's casuality tests suggest that in most cases changes in farm prices cause changes in retail prices rather than the reverse or a simultaneous relationship. Markup price relationships are estimated. Most of the variation of retail prices is explained by the current farm price, lagged farm prices, a wage variable, and last period's retail price of a substitute product. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 1984 |
URL: http://purl.umn.edu/12264 |
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Registros recuperados: 43 | |
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