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The objectives of the study reported here were (a) to attempt to identify pasture research findings which have been important for the development of improved pastures in a number of agricultural regions, and (b) to estimate the internal rates of return on the investment in pasture research in...
Three kinds of inter‐generational transfer are discussed. Despite the obvious advantages of partnerships and other forms of income splitting from the income tax viewpoint, about half of the primary producers in Australia continue to operate their businesses as sole traders. Some of the problems...
Results of an investigation into factors affecting the aggregate supply of dairy products in Australia are presented. Empirical estimates of the parameters of the supply function, using ordinary least squares, indicate that some concept of average prices for dairy products is a more important...
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A simulation model of a pastoral property in the Western Division of New South Wales is described. Problems of applying the model to analysis of decision situations faced by graziers are reviewed, and the results of some early applications of the model are summarized.
This note examines the implications of permitting producers to trade wheat amongst themselves. The outcome, in efficiency terms, is identical to that achieved with transferable quotas. For some producers, there may be advantages in product trading that are not available in transferable quotas.
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