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A generalisation of previous household models is developed to include production, consumption, storage, labour and land allocation decisions under price, yield, storage and investment risks. Implications drawn from this model include, that consumption can be a hedge against price risk and that...
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Soil fertility decline and soil management for crop production are important issues for grain growers in northern New South Wales and southern and central Queensland. In this paper a stochastic dynamic economic analysis of soil fertility management is presented to derive optimal fertility...
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Australian agriculture has undergone considerable change in structure and location. However, the broad rate of structural change in Australian agriculture is found to be not significantly different from that of other OECD countries. A major reduction in small farms has occurred and the number of...
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Demographic changes in the Asia-Pacific region - expanded urban concentration, variability in population growth within the region, and an aging population base - will drive significant food system change. Costs associated with urban congestion will test the capacity of the region's food system...
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