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Wool In 1980

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  • Watson, Alistair S.

Abstract

Since the introduction of a reserve price scheme in 1970, the interest in wool marketing previously shown by agricultural economists has not been maintained outside the public service and the wool industry itself. Nor is the subject as divisive amongst wool growers with, in general, 'orderly marketing' now acceptable to all factions of wool growers. The history of wool marketing discussion in Australia is reviewed and some reasons for this changing climate of opinion are discussed. An attempt is made to assess the actual performance of the buffer stock scheme in the light of the academic literature of the 1960s.

Suggested Citation

  • Watson, Alistair S., 1980. "Wool In 1980," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 24(2), pages 1-15, August.
    • Handle: RePEc:ags:ajaeau:22769
    DOI: 10.22004/ag.econ.22769
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    References listed on IDEAS

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    1. A. A. Powell & K. O. Campbell, 1962. "Revenue Implications Of A Buffer‐Stock Scheme With An Uncertain Demand Schedule," The Economic Record, The Economic Society of Australia, vol. 38(83), pages 373-385, September.
    2. Lewis, Jack Neville, 1979. "Floor Prices and Wool Promotion: Some Further Hidden Costs?," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 47(02), pages 1-9, August.
    3. B. M. Parish, 1964. "Revenue Implications Of A Buffer‐Stock Scheme: Comment," The Economic Record, The Economic Society of Australia, vol. 40(91), pages 465-466, September.
    4. Ian M. Sturgess, 1968. "The Wool Board'S Second Report On Marketing: A Review Article," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 12(2), pages 16-34, December.
    5. 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.
    6. Gray, Roger W. & Rutledge, David J.S., 1971. "The Economics of Commodity Futures Markets: A Survey," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(04), pages 1-52, December.
    7. A.C.B. Maiden, 1963. "Beyond The Farm Gate," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 7(1), pages 1-11, June.
    8. Praetz, Peter D, 1975. "Testing the Efficient Markets Theory on the Sydney Wool Futures Exchange," Australian Economic Papers, Wiley Blackwell, vol. 14(25), pages 240-249, December.
    9. Sturgess, Ian M., 1968. "The Wool Board'S Second Report On Marketing: A Review Article," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 12(2), pages 1-19, December.
    10. 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.
    11. J.R. Taffe, 1977. "The Inventory Scheme For Australian Wool," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 21(3), pages 180-190, December.
    12. Keynes, J. M., 1974. "The international control of raw materials," Journal of International Economics, Elsevier, vol. 4(3), pages 299-315, August.
    13. Taffe, J.R., 1977. "The Inventory Scheme For Australian Wool," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 21(3), pages 1-11, December.
    14. Durbin, S.I., 1974. "Notes On "The Marketing Of Australian Wool"," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(04), pages 1-6, December.
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    Cited by:

    1. Richardson, Bob, 1986. "Some Current Issues In The Marketing Of Agricultural Products," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 30(2-3), pages 1-14, August.

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