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Drought And The Multiplier

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  • J.H. Duloy
  • A.D. Woodland

Abstract

The effects of a 20 per cent across-the-board drought-year reduction in farm output upon G.N.P., imports and the balance of payments are estimated via an econometric mode of the Australian economy. The effects do not appear to be overly large and taper off rapidly in succeeding years.
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Suggested Citation

  • J.H. Duloy & A.D. Woodland, 1967. "Drought And The Multiplier," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 11(1), pages 82-86, June.
    • Handle: RePEc:bla:ajarec:v:11:y:1967:i:1:p:82-86
    DOI: j.1467-8489.1967.tb00029.x
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    Cited by:

    1. Kingwell, Ross S., 1992. "The Tactics of Dryland Farm Management given Variance in Climate and Prices," 1992 Conference (36th), February 10-13, 1992, Canberra, Australia 146536, Australian Agricultural and Resource Economics Society.
    2. 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.
    3. L. P. O'Mara, 1987. "The Contribution of the Farm Sector to Annual Variations in Gross Domestic Product in Australia‘," The Economic Record, The Economic Society of Australia, vol. 63(3), pages 255-269, September.
    4. Wittwer, Glyn & Waschik, Robert, 2021. "Estimating the economic impacts of the 2017–2019 drought and 2019–2020 bushfires on regional NSW and the rest of Australia," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 65(04), January.

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