Abstract
Analysis of home consumption pricing by Giblin and Copland in the 1930s preceded the development of an identifiable Australian agricultural economics profession. They demonstrated that costs of increasing domestic prices of agricultural products above export levels would be borne largely by lightly assisted exporters and hinder their development. This work was taken up later within a framework of computable general equilibrium modelling. Now largely of historical interest, their work sheds light on likely consequences of some past policy debates ‑ of protection all round in the 1920s and tariff compensation in the 1970s.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.