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Recent developments in climatology mean that economists now have a highly acceptable physical theory which can underlie their analysis of the economic aspects of water as an input to the production process, as a source of production instability, and as a major component of error in their...
An attempt is made to combine, empirically, the estimation of product transformation surfaces with the more conventional methods of linear supply analysis. This synthetic approach is used to fit simultaneously a system of six aggregate supply functions. The products covered account for more than...
The effects of a 20 per cent across‐the‐board drought‐year reduction in farm output upon G.N.P., imports and the balance of payments are estimated via an econometric mode of the Australian economy. The effects do not appear to be overly large and taper off rapidly in succeeding years.
All farmers in one stratum of a wheat storage survey who failed to answer a mail questionnaire were personally interviewed. Answers obtained from the mail respondents and from non‐respondents are compared to assess the extent of non‐response bias. Five suggestions for planning "high return" mail...
The wheat stabilisation scheme has been operating for almost two decades. In this article quantitative estimates are made of the effects of the scheme upon the stability of prices and incomes and the distribution of income over the period 1948‐49 to 1965‐66.
In this paper an attempt is made to formulate one type of international trade problem within a class of mathematical programming models. A new approach–from the dual side–to the proofs of existence and characteristics of the solution of the Koopmans‐Hitchcock transportation cost minimization...
Multiple regression estimates of demand and price relationships for fresh beef, lamb and mutton in the N.S.W. livestock auction, wholesale, and retail markets during the period from January 1951 to June 1963 are presented. The results show that direct price elasticities of demand were negative,...
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