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SOME ASPECTS OF INCOME STABILIZATION FOR PRIMARY PRODUCERS
Author(s) -
Houck James P.
Publication year - 1973
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1973.tb00122.x
Subject(s) - wool , context (archaeology) , economics , aggregate (composite) , public economics , agricultural economics , political science , geography , materials science , archaeology , law , composite material
The objectives of this paper are two‐fold. The first is to discuss the basic economics of an aggregate industry income stabilization policy for primary producers. The second is to examine post‐World War II income instability in Australian wool, wheat, and beef and to apportion it into its price and output components. This analysis provides a basis for discussing income stabilization in the Australian context.