Australian Journal of Agricultural and Resource Economics最新文献

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J. Brian Hardaker (1935–2023) 布莱恩-哈代克(1935-2023)
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2024-01-02 DOI: 10.1111/1467-8489.12547
Jock R. Anderson
{"title":"J. Brian Hardaker (1935–2023)","authors":"Jock R. Anderson","doi":"10.1111/1467-8489.12547","DOIUrl":"https://doi.org/10.1111/1467-8489.12547","url":null,"abstract":"","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 1","pages":"227-228"},"PeriodicalIF":3.2,"publicationDate":"2024-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139101021","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The amenity value of constructed wetlands 人工湿地的美化价值
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2023-12-26 DOI: 10.1111/1467-8489.12549
Mario A. Fernandez, Gonzalo Sanchez, Paul Thorsnes
{"title":"The amenity value of constructed wetlands","authors":"Mario A. Fernandez,&nbsp;Gonzalo Sanchez,&nbsp;Paul Thorsnes","doi":"10.1111/1467-8489.12549","DOIUrl":"10.1111/1467-8489.12549","url":null,"abstract":"<p>Natural wetlands in urbanised areas provide practical services, including flood control and amenity values such as views, wildlife habitat and recreational opportunities. But cities also construct wetlands to improve flood control and ecosystem services, the value of which might change property prices. This paper reports analyses of property prices that provide estimates of wetlands' localised amenity values in Auckland, New Zealand's largest city. A major challenge is that the selection of sites for wetlands’ construction is not random; amenity value is potentially confounded by property and neighbourhood characteristics that vary across space and over time. We use a combination of repeat-sales models, difference-in-differences and matching models to control for unobserved heterogeneity in property and neighbourhood characteristics. The results indicate that local benefit from constructed wetlands ranges from about 5% to 9% depending on the location of the property in areas adjacent to the wetlands or in a larger catchment of interest. Our results have a causal interpretation if the selection criteria are applied uniformly across Auckland and are valuable in assessing the benefits of constructed wetlands.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 2","pages":"270-287"},"PeriodicalIF":3.2,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139155252","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The effect of income distribution on diet-related environmental footprints: Evidence from urban China 收入分配对与饮食相关的环境足迹的影响:来自中国城市的证据
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2023-12-18 DOI: 10.1111/1467-8489.12548
Jiao Chen, Yanjun Ren, Thomas Glauben, Lei Li
{"title":"The effect of income distribution on diet-related environmental footprints: Evidence from urban China","authors":"Jiao Chen,&nbsp;Yanjun Ren,&nbsp;Thomas Glauben,&nbsp;Lei Li","doi":"10.1111/1467-8489.12548","DOIUrl":"10.1111/1467-8489.12548","url":null,"abstract":"<p>Given that income disparity is expanding and diet-related environmental footprints are increasing in urban China, this study aims to investigate the heterogeneity in these footprints across various income classes and examine the effect of income distribution on the total environmental footprints. Based on the quadratic almost ideal demand system model and taking into consideration the problems of endogeneity of food expenditure and zero expenditure, we estimate the income elasticities for 10 food categories across seven income classes and project the diet-related environmental footprints under seven scenarios for various strategies of the income distribution. The results show that per capita diet-related environmental footprints are greater for higher income classes than for lower income classes, as the former consume more animal-based food. Compared with high-income classes, income growth favouring low-income classes results in a rather significant increase in diet-related environmental footprints. With further economic growth, the lowest income group makes the greatest contribution to the increase in diet-related environmental footprints. Thus, policymakers should promote a more sustainable diet on the road to alleviating income inequality to ensure sustainable environmental development.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 2","pages":"483-502"},"PeriodicalIF":3.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139174153","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Calamitous weather, yield risk and mitigation effect of harvest mechanisation: Evidence from China's winter wheat 灾害性天气、产量风险和收获机械化的缓解效应:来自中国冬小麦的证据
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2023-12-18 DOI: 10.1111/1467-8489.12545
Teng Wang, Fujin Yi, Ximing Wu, Huilin Liu, Yu Yvette Zhang
{"title":"Calamitous weather, yield risk and mitigation effect of harvest mechanisation: Evidence from China's winter wheat","authors":"Teng Wang,&nbsp;Fujin Yi,&nbsp;Ximing Wu,&nbsp;Huilin Liu,&nbsp;Yu Yvette Zhang","doi":"10.1111/1467-8489.12545","DOIUrl":"10.1111/1467-8489.12545","url":null,"abstract":"<p>Stable agricultural production has been substantially challenged by increasingly frequent calamitous weather conditions. For winter wheat, continuous precipitation during the harvest season is particularly detrimental. This study utilises a county-level panel dataset of agricultural production in China for the period of 1998–2016 to evaluate the impact of continuous precipitation on the downside risk of winter wheat yield. Results show that continuous precipitation during the harvest season remarkably increases the downside risk of winter wheat yield. At the same time, the progressive adoption of harvest machinery in recent decades has effectively mitigated the downside risk of winter wheat yield driven by continuous precipitation. The mitigation effects of harvest mechanisation are more pronounced for plain areas with better-developed transportation infrastructure.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 2","pages":"386-412"},"PeriodicalIF":3.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138995116","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The economic impacts of a hypothetical foot and mouth disease outbreak in Australia 假设澳大利亚爆发口蹄疫的经济影响
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2023-12-07 DOI: 10.1111/1467-8489.12546
Glyn Wittwer
{"title":"The economic impacts of a hypothetical foot and mouth disease outbreak in Australia","authors":"Glyn Wittwer","doi":"10.1111/1467-8489.12546","DOIUrl":"10.1111/1467-8489.12546","url":null,"abstract":"<p>This study uses a multicountry, dynamic, quarterly CGE model, GlobeTERM, to estimate the economic impacts of a hypothetical foot and mouth disease outbreak in Australia. The national welfare losses arising from the outbreak depend mostly on the duration of trade sanctions by importers of Australian animal products. If an outbreak is contained within several months, and trade sanctions are dropped within a year of the outbreak, the net present value of Australia's welfare losses may be around AUS$10 billion. If all importers restore Australian access within a year, other than China–Hong Kong, which delays by 5 years, welfare losses are around AUS$21 billion. In a less likely scenario, in which trade sanctions persist in all trading partners for 5 years after the disease has been eradicated, contrary to international guidelines, welfare losses may exceed AUS$85 billion. Trading partners also suffer welfare losses due to trade sanctions. These losses are large enough to imply, from a global perspective, that a shift towards vaccinate-to-live policies combined with global efforts to eradicate the disease may be cost-effective.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 1","pages":"23-43"},"PeriodicalIF":3.2,"publicationDate":"2023-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138590675","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Responsiveness of market equilibrium agricultural output, price and land use to shocks 市场均衡农业产出、价格和土地使用对冲击的反应能力
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2023-12-06 DOI: 10.1111/1467-8489.12538
Moisés A. Resende Filho, Leandro G. Nascimento
{"title":"Responsiveness of market equilibrium agricultural output, price and land use to shocks","authors":"Moisés A. Resende Filho,&nbsp;Leandro G. Nascimento","doi":"10.1111/1467-8489.12538","DOIUrl":"10.1111/1467-8489.12538","url":null,"abstract":"<p>We assess the responsiveness of market equilibrium agricultural output, price and land use to shocks in agricultural demand, land yield and arable land area and the role of road infrastructure policy in offsetting them. We adapt a partial equilibrium model in the agricultural composite good and lands markets to guide the specification and estimation of a simultaneous equation model (SEM) for agricultural demand, land yield and acreage, and calculate market equilibrium responsiveness. We estimate the SEM by the generalised method of moments three-stage least squares (GMM 3SLS) using a panel data set of the 10 biggest agricultural producer states in Brazil from 2001 to 2017. Using demand, land yield and acreage price elasticity estimates, we find that Brazil may expand equilibrium agricultural output while preserving its native vegetation land and dampening long-term agricultural price escalation under a scenario of increasing worldwide demand for food, fibre and fuel and adverse climate shocks. Using acreage and land yield freight rate elasticity estimates, we show how shocks may be offset by road infrastructure policies that reduce freight rates to specific destination states, as they may be designed to induce less equilibrium land use for the same equilibrium output or raise equilibrium output with less equilibrium land use.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 1","pages":"60-76"},"PeriodicalIF":3.2,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138595462","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Farming efficiency and environmental resource dependence: Evidence from panel data for rural Central Vietnam 农业效率与环境资源依赖性:来自越南中部农村地区面板数据的证据
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2023-11-27 DOI: 10.1111/1467-8489.12543
Sina Bierkamp, Trung Thanh Nguyen, Ulrike Grote
{"title":"Farming efficiency and environmental resource dependence: Evidence from panel data for rural Central Vietnam","authors":"Sina Bierkamp,&nbsp;Trung Thanh Nguyen,&nbsp;Ulrike Grote","doi":"10.1111/1467-8489.12543","DOIUrl":"https://doi.org/10.1111/1467-8489.12543","url":null,"abstract":"<p>Farming and natural resource extraction are the main livelihood strategies of the rural poor in developing countries. A better understanding of their relationship is needed to alleviate existing pressures on resources and to reduce poverty. To date, mainly monetary indicators have been used to measure environmental resource dependence. However, these are inadequate for poor people who consume rather than sell their environmental products. Therefore, we propose the Environmental Resource Dependence Index (ERDI) to better capture the multidimensionality of dependence. We analyse the relationship between farming efficiency and environmental resource dependence using a simultaneous equations model (SEM) and panel data for 2013, 2016 and 2017 from three rural provinces in Central Vietnam. Time-variant farming efficiency is estimated using a stochastic frontier model (SFM) with true random effects and Mundlak's adjustment. Our results show that monetary measures underestimate the extent of dependency. Therefore, policymakers should be careful to correctly identify those who are dependent on the environment. In addition, the results suggest that improved farming efficiency reduces the dependence on environmental resources. At the same time, higher dependence does not have a significant effect on farming efficiency.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 1","pages":"146-167"},"PeriodicalIF":3.2,"publicationDate":"2023-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.12543","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139101010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Is China's new live hog futures market efficient? Evidence from an analysis of market quality, price discovery and hedging effectiveness 中国新的生猪期货市场有效吗?来自市场质量、价格发现和套期保值有效性分析的证据
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2023-11-27 DOI: 10.1111/1467-8489.12542
Miao Li, Tao Xiong
{"title":"Is China's new live hog futures market efficient? Evidence from an analysis of market quality, price discovery and hedging effectiveness","authors":"Miao Li,&nbsp;Tao Xiong","doi":"10.1111/1467-8489.12542","DOIUrl":"https://doi.org/10.1111/1467-8489.12542","url":null,"abstract":"<p>On 8 January 2021, China's first live-animal and live-delivery futures product—in live hogs—was listed on the Dalian Commodity Exchange to serve as a risk management tool. We examine whether this newly established market exhibits good market quality and has realised its primary functions of price discovery and hedging. Our results suggest that the live hog futures market performs its price discovery function well and can hedge between 4% and 27% of the risk in the spot market, even though it is less actively traded, less liquid and more volatile than egg futures markets. To strengthen the hedging function of the live hog futures market, more effort—such as recruiting market makers and introducing night trading sessions—should be exerted to increase and smooth trading and stabilise volatility.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 1","pages":"186-205"},"PeriodicalIF":3.2,"publicationDate":"2023-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139101012","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Economic consequences of climate change impacts on South Asian agriculture: A computable general equilibrium analysis 气候变化对南亚农业影响的经济后果:可计算的一般均衡分析
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2023-11-27 DOI: 10.1111/1467-8489.12541
Walimuni Chamindri Sewanka Mendis Abeysekara, Mahinda Siriwardana, Samuel Meng
{"title":"Economic consequences of climate change impacts on South Asian agriculture: A computable general equilibrium analysis","authors":"Walimuni Chamindri Sewanka Mendis Abeysekara,&nbsp;Mahinda Siriwardana,&nbsp;Samuel Meng","doi":"10.1111/1467-8489.12541","DOIUrl":"https://doi.org/10.1111/1467-8489.12541","url":null,"abstract":"<p>South Asia is one of the most vulnerable regions of the globe in terms of climate change, with agriculture the most affected economic sector of the region. This study employs an environmental Global Trade Analysis Project model to simulate the impact of an average global 2°C temperature increase by 2050, with a focus on South Asian countries. The economic costs of climate change in relation to crop productivity losses due to increasing temperature, land productivity losses caused by rising sea levels and heat stress-induced agricultural labour productivity losses are assessed based on model simulations. The results show that the unfavourable climate change impacts on agricultural productivity (crop, land and labour) will reduce food production and create upward pressure on food prices. This will lead to a reduction in food consumption at the household level, threatening future food security in the region. The results further predict a contraction in all South Asian economies by 2050, due to adverse climate change impacts on the agricultural sector. In addition, out of the three climate change damage factors considered, labour productivity causes the greatest economic losses, while land productivity losses caused by rising sea levels impact the least. The study also found that low-income countries would suffer most severely due to the impacts of climate change on the agricultural sector, while high-income countries would be impacted the least.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 1","pages":"77-100"},"PeriodicalIF":3.2,"publicationDate":"2023-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.12541","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139101011","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Inter-sectoral economic linkages in the Australian mining industry: Analysis using partial hypothetical extraction method 澳大利亚采矿业的部门间经济联系:使用部分假设开采法进行分析
IF 3.2 3区 经济学
Australian Journal of Agricultural and Resource Economics Pub Date : 2023-11-21 DOI: 10.1111/1467-8489.12544
Fitsum S. Weldegiorgis, Evelyn Dietsche, Shabbir Ahmad, Daniel M. Franks, James Cust
{"title":"Inter-sectoral economic linkages in the Australian mining industry: Analysis using partial hypothetical extraction method","authors":"Fitsum S. Weldegiorgis,&nbsp;Evelyn Dietsche,&nbsp;Shabbir Ahmad,&nbsp;Daniel M. Franks,&nbsp;James Cust","doi":"10.1111/1467-8489.12544","DOIUrl":"https://doi.org/10.1111/1467-8489.12544","url":null,"abstract":"<p>The mining industry is not only one of Australia's main economic sectors but also one that the country is considered to have managed well. However, little is known about the industry's potential to contribute to the structural change of Australia's economy. We use the national input–output (IO) tables and apply the partial hypothetical extraction method (P-HEM) within both the Leontief and Gosh IO frameworks to examine the inter-sectoral linkages of the Australian mining and quarrying sector. Ee find that this sector demonstrates strong backward linkages (BL), but forward linkages (FL) appear to be weak, and they mainly involve non-metallic materials. The mining and quarrying sector appears to generate linkages with the business services sector and the construction sector, which can potentially contribute to diversifying the economy. Such linkages may be realised via skilling and reallocating skilled labour and technical supplier capacity as well as via developing physical infrastructure that supports existing and new economic sectors. We find that the identified linkage pathways via the construction sector are tied to energy-intensive but coal-dependent sectors. Thus, these pathways are vulnerable because of the climate-related need to move away from combusting coal and invest in cleaner sources of energy.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"68 1","pages":"206-226"},"PeriodicalIF":3.2,"publicationDate":"2023-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.12544","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139101220","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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