Adaptation and survival in Australian agriculture : a computable general equilibrium analysis of the impact of economic shocks originating outside the domestic agricultural sector

Bibliographic Information

Adaptation and survival in Australian agriculture : a computable general equilibrium analysis of the impact of economic shocks originating outside the domestic agricultural sector

Peter J. Higgs

Oxford University Press, 1986

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Note

Bibliography: p. 302-310

Description and Table of Contents

Description

Agricultural consultants, economists, policy makers, and tertiary level students, will find this monograph an invaluable reference for quantitative estimates of the effects on the macroeconomy, on the structure of Australian industry and, especially, on farm incomes, of a diverse array of changes in the economic environment. The following are examined in detail: changes in world agricultural prices; the EEC Common Agricultural Policy; protection for manufacturing industries; an expansion of the mineral resources sector; a change in the tax mix in favour of indirect taxation; a movement in the exchange rate; a change in the real wage rate; and aggregate demand managenment.

Table of Contents

  • Introduction
  • The Orani Model
  • Typical-Year Agricultural Data Base
  • The Economic Environment of an Orani Simulation
  • Changes in overseas demand for Australian agricultural products
  • Changes in the levels of Protection given to Australia's Manufacturing industries
  • An Expansion in the Mineral Resources Sector
  • A Change in Australia's Tax Mix in Favour of Indirect Taxation
  • A movement in the Australian Exchange Rate
  • A Macroeconomic Recovery Package
  • Policy Perspectives and Directions for Future Research

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