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Price Equalisation in the Rice Industry and the Development of A Spatial Eqquilibrium Model

Author

Listed:
  • Jones, Randall
  • James, Carolynne
  • MacAulay, T. Gordon

Abstract

Previous studies have identified a number of economic implications associated with rice marketing arrangements. particularly price equalisation and cost and revenue pooling. The objective of this paper is to present a theoretical model of the NSW rice industry which indicates the areas of possible social gains and losses resulting from price equalisation. A description is given of a spatial equilibrium model of the rice industry which is being developed to estimate the extent of any social gains or losses.

Suggested Citation

  • Jones, Randall & James, Carolynne & MacAulay, T. Gordon, 1995. "Price Equalisation in the Rice Industry and the Development of A Spatial Eqquilibrium Model," 1995 Conference (39th), February 14-16, 1995, Perth, Australia 170880, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare95:170880
    DOI: 10.22004/ag.econ.170880
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    References listed on IDEAS

    as
    1. Godden, David P., 1978. "The Resource Misallocation Costs of Equalisation - Again," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 46(02), pages 1-9, August.
    2. Robert J. Myers & Roley R. Piggott & T. Gordon MacAulay, 1985. "Effects Of Past Australian Wheat Price Policies On Key Industry Variables," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 29(1), pages 1-15, April.
    Full references (including those not matched with items on IDEAS)

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