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An overview of public intervention in the primary industry and resource sectors of the South Australian economy

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  • Manson, Andrew

Abstract

Primary Industries and Resources SA is an economic development agency of the South Australian Government. The PIRSA portfolio is a broad one, including agriculture, fisheries and aquaculture, minerals and energy resources, and sustainable resources associated with these industries, with the notable exception of water. Allocating public resources in an economic development context across this diverse range of industry and resource issues requires, among other things, a rigorous framework and a means of communicating economic information to decision makers that can be effectively absorbed and applied. In this paper, PIRSA involvement across the breadth of these sectors is discussed and analysed from an efficiency or market failure perspective. The pricing of the services provided in these markets is discussed under a ‘beneficiary pays’ principle. The potential economic impact of intervention is outlined for a variety of productivity and demand improving shocks in these markets, utilising the Monash MRF general equilibrium model.

Suggested Citation

  • Manson, Andrew, 2001. "An overview of public intervention in the primary industry and resource sectors of the South Australian economy," 2001 Conference (45th), January 23-25, 2001, Adelaide, Australia 125770, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare01:125770
    DOI: 10.22004/ag.econ.125770
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    References listed on IDEAS

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    1. Matthew W. Peter & Mark Horridge & G.A.Meagher & Fazana Naqvi & B.R.Parmenter, 1996. "The Theoretical Structure of MONASH-MRF," Centre of Policy Studies/IMPACT Centre Working Papers op-85, Victoria University, Centre of Policy Studies/IMPACT Centre.
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    Cited by:

    1. Wilson, Trevor & Glasson, Zoe, 2002. "Re-visiting cost recovery for government services," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 125609, Australian Agricultural and Resource Economics Society.

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    Resource /Energy Economics and Policy;

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