IDEAS home Printed from https://ideas.repec.org/a/bla/ecorec/v63y1987i3p255-269.html
   My bibliography  Save this article

The Contribution of the Farm Sector to Annual Variations in Gross Domestic Product in Australia‘

Author

Listed:
  • L. P. O'MARA

Abstract

A simple empirical model is developed in which some of the main linkages from the farm sector to the Australia macroeconomy are captured. The model is simulated over the period from the mid‐1950s to the mid‐1980s. The results. though necessarily tentative, suggest that the relative importance of the form sector as a source of short‐term instability in the non‐farm sector of the Australian economy may not have declined over this period despite the relative decline in the ‘importance’ of the farm sector as indicated by more traditional measures.

Suggested Citation

  • 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.
    • Handle: RePEc:bla:ecorec:v:63:y:1987:i:3:p:255-269
    DOI: 10.1111/j.1475-4932.1987.tb00656.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1475-4932.1987.tb00656.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1475-4932.1987.tb00656.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
    ---><---

    References listed on IDEAS

    as
    1. repec:bla:ecorec:v:54:y:1978:i:146:p:239-55 is not listed on IDEAS
    2. 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.
    3. R. A. Powell & T. D. Mandeville, 1978. "Analysis of Sector Interactions and Stability in a Rural Region of NSW," The Economic Record, The Economic Society of Australia, vol. 54(2), pages 239-255, August.
    4. Corden, W M, 1978. "Keynes and the Others: Wage and Price Rigidities in Macro-economic Models," Oxford Economic Papers, Oxford University Press, vol. 30(2), pages 159-180, July.
    Full references (including those not matched with items on IDEAS)

    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. 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. Mullen, John D. & Powell, Roy A. & Reece, B.F., 1980. "The Income And Consumption Experiences Of A Sample Of Farm Families," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 24(3), pages 1-15, December.
    3. 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.
    4. O'Mara, L. Paul & Wallace, N.A. & Meshios, Helen, 1987. "The Current Account, Monetary Policy, Market Sentiment And The Real Exchange Rate: Some Implications For The Farm Sector," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(3), pages 1-23, December.
    5. Anderson, Jock R., 2003. "Risk in rural development: challenges for managers and policy makers," Agricultural Systems, Elsevier, vol. 75(2-3), pages 161-197.
    6. Glyn Wittwer & Robert Waschik, 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(4), pages 918-936, October.
    7. W. M. Corden, 1979. "Wages and Unemployment in Australia," The Economic Record, The Economic Society of Australia, vol. 55(1), pages 1-19, March.

    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:ecorec:v:63:y:1987:i:3:p:255-269. 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/esausea.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.