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Ensuring the continued viability of rural and regional communities in Australia has become a high priority politically. Economic and environmental forces are perceived as threats to viability. Declining terms of trade for agricultural commodities along with decreased relative prices for...
Persistent link: https://www.econbiz.de/10011067637
Resource management decisions influence not only the output of the economy but also the distribution of utility between groups within the community. The theory of Benefit Cost Analysis provides a means of incorporating this distributional change through the application of distributional or...
Persistent link: https://www.econbiz.de/10010914862