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Registros recuperados: 9
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A FAMILY OF AGRONOMIC PRODUCTION FUNCTIONS WITH ECONOMIES OF SCOPE AgEcon
Lloyd, Peter J..
This paper derives a family of multiple-output multiple-input production functions from the underlying technologies. These technologies are represented by average yield functions for each of the commodities (crops) produced from a common pool of resources. The production functions are implicitly separable. Examples include the CRETH, translog, generalised power and generalised McFadden functions. Moreover, given a function which is a member of this family, the individual commodity yield and production functions can be recovered. Such implicitly separable multiple-output production functions may exhibit economies or diseconomies of scope which reflect the interactions between outputs sharing a common pool of resources.
Tipo: Journal Article Palavras-chave: Industrial Organization; Research Methods/ Statistical Methods.
Ano: 1989 URL: http://purl.umn.edu/22584
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A MODEL OF JOB CHOICE FOR THE ANALYSIS OF GOVERNMENT INTERVENTION IN STRUCTURAL ADJUSTMENT AgEcon
Lloyd, Peter J..
The paper presents a model of choice between alternative available jobs in which each job has an uncertain multi-period income prospect. Imperfectly informed expectations as well as job preferences and attitudes to risk determine the choice. The model is used to locate and discuss some problems of designing government programs which are intended to increase job mobility. The main conclusion is that government interventions may impose costs on the economy which are greater than the benefits because the information needed to assess costs and benefits is not generally available and political pressures may distort the expenditures.
Tipo: Journal Article Palavras-chave: Public Economics; Research Methods/ Statistical Methods.
Ano: 1980 URL: http://purl.umn.edu/22768
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Distortions to Agricultural Incentives in Australia and New Zealand AgEcon
Anderson, Kym; Lattimore, Ralph G.; Lloyd, Peter J.; MacLaren, Donald.
In 1990, Australia and New Zealand were ranked around 25th and 35th in terms of GNP per capita, having been the highest-income countries in the world one hundred years earlier. The poor performance over that long period contrasts markedly with that of the past 15 years, when these two economies out-performed most other high-income countries. This difference in growth performance is due to major economic policy reforms during the past two to three decades. We provide new evidence on the extent of governmental distortions to agricultural incentives in particular in the two economies since the late 1940s, both directly and indirectly (and negatively) via manufacturing protection.
Tipo: Conference Paper or Presentation Palavras-chave: Distorted incentives; Agricultural and trade policy reform; Agricultural and Food Policy; F13; F14; Q17; Q18.
Ano: 2007 URL: http://purl.umn.edu/10407
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Distortions to Agricultural Incentives in Australia and New Zealand AgEcon
Anderson, Kym; Lattimore, Ralph G.; Lloyd, Peter J.; MacLaren, Donald.
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Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2008 URL: http://purl.umn.edu/48387
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Global Distortions to Agricultural Markets: New Indicators of Trade and Welfare Impacts, 1955 to 2007 AgEcon
Lloyd, Peter J.; Croser, Johanna L.; Anderson, Kym.
Despite reforms over the past quarter-century, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions such as the nominal rate of assistance and consumer tax equivalent provide measures of the degree of intervention, but they can be misleading as indicators of the true effects of those policies. By drawing on recent theoretical literature that provides indicators of the trade- and welfare-reducing effects of price and trade policies, this paper develops more-satisfactory indexes for capturing distortions to agricultural incentives. It then exploits the Agricultural Distortion database recently compiled by the World Bank to generate estimates of them for both developing and high-income...
Tipo: Conference Paper or Presentation Palavras-chave: Distorted incentives; Agricultural and trade policies; Trade restrictiveness index.
Ano: 2009 URL: http://purl.umn.edu/48049
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Measuring assistance to the agricultural industry in Australia using a Production Assistance Index AgEcon
MacLaren, Donald; Lloyd, Peter J..
The history of the reforms of the assistance given to Australian agriculture over the past fifty years is a remarkable story, especially when contrasted with the experiences of most other OECD countries. The effects of these reforms have been captured by the Productivity Commission (and its predecessors) and by Lloyd through time series of the nominal rates of assistance to individual agricultural commodities and to the industry as a whole. In this paper the concept of a partial equilibrium production assistance index is developed to obtain a more accurate picture of the implicit welfare consequences of this assistance for the period 1955-59 to 2000-04. This index is a mean of order 2. It is shown that the conventional average, the mean of order 1,...
Tipo: Conference Paper or Presentation Palavras-chave: Production Assistance Index; Industry assistance; Trade Restrictiveness Index; Australian agricultural policy; Research Methods/ Statistical Methods; Agricultural and Food Policy.
Ano: 2008 URL: http://purl.umn.edu/6033
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TARIFF COMPENSATION: AN UNDESIRABLE POLICY AgEcon
Lloyd, Peter J..
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1975 URL: http://purl.umn.edu/22338
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The Level Playing Field for Agricultural Production and Trade AgEcon
Lloyd, Peter J..
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy; International Relations/Trade.
Ano: 1992 URL: http://purl.umn.edu/12500
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Welfare- and trade-based indicators of national distortions to agricultural incentives AgEcon
Lloyd, Peter J.; Croser, Johanna L.; Anderson, Kym.
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Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2009 URL: http://purl.umn.edu/48627
Registros recuperados: 9
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