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...

Rapid economic growth in some emerging economies in recent decades has significantly increased their global economic importance. If this rapid growth continues and is strongest in resource-poor Asian economies, the growth in global demand for imports of primary products also will continue, to...

Trade policy reforms in recent decades have sharply reduced the distortions that were harming agriculture in developing countries, yet global trade in farm products continues to be far more distorted than trade in nonfarm goods. Those distortions reduce some forms of poverty and inequality but...

For decades, agricultural price and trade policies in Sub-Saharan Africa hampered farmers’ contributions to economic growth and poverty reduction. While there has been much policy reform over the past two decades, the injections of agricultural development funding, together with on-going...

Acid and acidifying soils occur extensively in Australia. Currently, some 90 million hectares of agricultural land in Australia is considered to be acidic and around 35 million hectares are considered to be highly acidic which is both a serious agricultural and environmental problem. The nature,...

Agricultural productivity growth has been strong relative to other sectors in the Australian economy, and relative to the agricultural sectors of other developed countries. However, as commonly observed among other developed economies, growth in productivity in the broadacre sector of Australian...

There is likely to be a divergence in the interests of farmers and their neighbours or the community in the management of land and hence a greater rate of exploitation of soil qualities than that desired by the community. This is particularly true under current institutional arrangements with...

In 1990, Australia and New Zealand were ranked around 25th and 35th in terms of GNP per capita, having been the highest-income countries in the world one hundred years earlier. The poor performance over that long period contrasts markedly with that of the past 15 years, when these two economies...

The development of genetically modified (GM) agricultural products requires new policies to manage potential food safety and environmental risks. The policy positions taken to date on GM foods by the United States and the European Union are very different. The US has few restrictions on...