IDEAS home Printed from https://ideas.repec.org/a/bla/ajarec/v22y1978i2-3p194-205.html
   My bibliography  Save this article

Pros And Cons Of Temporary Industry Assistance

Author

Listed:
  • John W. Freebairn

Abstract

The objectives and relative effectiveness of different methods of providing temporary assistance to a particular industry experiencing a significant reduction in returns and liquidity are evaluated. It is doubtful that assistance can be justified for resource efficiency reasons. This is argued to be so when the cause of the downturn in industry returns is due to temporary factors, such as drought, and when it is due to long-term trend factors, such as economic growth. While an industry slump can cause welfare problems, most households are able to use contingency strategies, e.g. savings, or resort to existing welfare programs, e.g. unemployment benefits. Direct income grants are preferable to output and input subsidies as means of providing welfare assistance.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • John W. Freebairn, 1978. "Pros And Cons Of Temporary Industry Assistance," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 22(2-3), pages 194-205, 08-12.
    • Handle: RePEc:bla:ajarec:v:22:y:1978:i:2-3:p:194-205
    DOI: j.1467-8489.1978.tb00219.x
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/j.1467-8489.1978.tb00219.x
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/j.1467-8489.1978.tb00219.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. T. J. Valentine, 1975. "Adjustments in Employment, Overtime and Inventory Investment in the Australian Economy," The Economic Record, The Economic Society of Australia, vol. 51(2), pages 232-241, June.
    2. Valentine, T J, 1975. "Adjustments in Employment, Overtime and Inventory Investment in the Australian Economy," The Economic Record, The Economic Society of Australia, vol. 51(134), pages 232-241, June.
    3. Forsythe, G.A., 1975. "An Assessment Of The Role Of Insurance And Structural Measures In Flood Mitigation Planning," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 43(02), pages 1-23, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anderson, Jock R., 1979. "Impacts of Climatic Variability in Australian Agriculture: A Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 47(03), pages 1-31, December.
    2. Quiggin, John C., 1986. "A Note On The Viability Of Rainfall Insurance," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 30(1), pages 1-7, April.
    3. Freebairn, John W., 1983. "Drought Assistance Policy," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 27(3), pages 1-15, December.
    4. Simmons, Phil, 1993. "Recent Developments in Commonwealth Drought Policy," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 61(03), pages 1-12, December.
    5. Edwards, Geoff W., 1980. "The Iac'S Approach To Agricultural Policy," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 24(2), pages 1-21, August.
    6. Peter Bardsley & Arun Abey & Scott V. Davenport, 1984. "The Economics Of Insuring Crops Against Drought," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 28(1), pages 1-14, April.
    7. Geoff W. Edwards, 1987. "Agricultural Policy Debate: A Survey," The Economic Record, The Economic Society of Australia, vol. 63(2), pages 129-143, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Doucouliagos, Chris, 1997. "The Aggregate Demand for Labour in Australia: A Meta-analysis," Australian Economic Papers, Wiley Blackwell, vol. 36(69), pages 224-242, December.
    2. Aislabie, Colin, 1976. "On The Optimal Output Of Flood Plains," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 44(03), pages 1-5, September.
    3. Anderson, Jock R., 1979. "Impacts of Climatic Variability in Australian Agriculture: A Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 47(03), pages 1-31, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ajarec:v:22:y:1978:i:2-3:p:194-205. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.