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Testing Comparative Advantage in Australian Broadacre Agriculture Under Climate Change: Theoretical and Empirical Models

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  • Todd Sanderson
  • Fredoun Z. Ahmadi‐Esfahani

Abstract

According to the conventional wisdom, Australia enjoys a comparative advantage in broadacre agriculture, despite the fact that little empirical research supporting this proposition has been reported in the literature. This paper seeks to survey the theoretical and empirical models that may potentially be used to test the theory of comparative advantage as it relates to broadacre agriculture under climate change. The implications of the analysis are explored.

Suggested Citation

  • Todd Sanderson & Fredoun Z. Ahmadi‐Esfahani, 2009. "Testing Comparative Advantage in Australian Broadacre Agriculture Under Climate Change: Theoretical and Empirical Models," Economic Papers, The Economic Society of Australia, vol. 28(4), pages 346-354, December.
    • Handle: RePEc:bla:econpa:v:28:y:2009:i:4:p:346-354
    DOI: 10.1111/j.1759-3441.2010.00043.x
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    Cited by:

    1. Sanderson, Todd & Ahmadi-Esfahani, Fredoun Z., 2010. "Climate change and Australia’s comparative advantage in broadacre agriculture," 2010 Conference, August 26-27, 2010, Nelson, New Zealand 96493, New Zealand Agricultural and Resource Economics Society.

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