Assistance to Australian Agriculture from Federation to World War II

17 Pages Posted: 3 Jul 2015

See all articles by Peter Lloyd

Peter Lloyd

University of Melbourne - Department of Economics

Donald MacLaren

University of Melbourne - Department of Economics

Date Written: July 2015

Abstract

This paper quantifies the levels of assistance received by producers of the major agricultural crops and animal products in Australia from Federation to the end of World War II. We outline the history of government assistance to the sector after Federation. Six measures of assistance are examined. Then the nominal rates of assistance from these measures are calculated for 20 agricultural products, 14 of which are classified as exportables and 6 as importables. From these product measures of assistance, we construct a series of the production‐weighted average nominal rate of assistance for the group of exportable products and for the group of importable products and for the whole sector. Our results show that, from the time of Federation, the pattern of assistance to the sector discriminated persistently and heavily against the exportable agricultural products.

Keywords: agricultural commodities, measures of assistance, nominal rates of assistance

Suggested Citation

Lloyd, Peter John and MacLaren, Donald, Assistance to Australian Agriculture from Federation to World War II (July 2015). Australian Journal of Agricultural and Resource Economics, Vol. 59, Issue 3, pp. 317-333, 2015. Available at SSRN: https://ssrn.com/abstract=2626220 or http://dx.doi.org/10.1111/1467-8489.12069

Peter John Lloyd (Contact Author)

University of Melbourne - Department of Economics ( email )

Melbourne, 3010
Australia

HOME PAGE: http://melbecon.unimelb.edu.au/staffprofile/plloyd/home.html

Donald MacLaren

University of Melbourne - Department of Economics ( email )

Victoria 3010, 3010
Australia
(61) 3 8344-5035 (Phone)
(61) 3 8344-6899 (Fax)

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