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Rural Assistance Levels: The Influence Of Policies And World Price Changes

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  • Haynes, J.E.

Abstract

Two aspects of effective rates of assistance for Australian agricultural industries are examined. The long-term rate, rather than the rate for a single year, is determined and a rationale is sought for the pattern of assistance that emerges. Second, the influence of exogenous factors (as represented by changes in world prices) on assistance rates is examined. Assistance elasticities are calculated for the major agricultural commodities and estimates made of the likely change in the pattern of assistance rates from any general world price change. In addition, commodities with assistance rates potentially very different from existing rates are identified. Price transmission elasticities are also derived to indicate the degree of insulation that the various policies provide for each commodity.

Suggested Citation

  • Haynes, J.E., 1985. "Rural Assistance Levels: The Influence Of Policies And World Price Changes," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 29(1), pages 1-17, April.
    • Handle: RePEc:ags:ajaeau:22508
    DOI: 10.22004/ag.econ.22508
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    References listed on IDEAS

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    1. Kym Anderson, 1978. "On Why Rates Of Assistance Differ Between Australia'S Rural Industries," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 22(2-3), pages 99-114, 08-12.
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    4. Campbell, Rachel & Gardiner, B. & Haszler, Henry, 1980. "On The Hidden Revenue Effects Of Wool Price Stabilisation In Australia: Initial Results," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 24(1), pages 1-15, April.
    5. R. Campbell & B. Gardiner & H. Haszler, 1980. "On The Hidden Revenue Effects Of Wool Price Stabilisation In Australia: Initial Results," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 24(1), pages 1-15, April.
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    Keywords

    Agribusiness; Demand and Price Analysis;

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