Journal Archive
Volume 19, Issue 2, 1989
Articles:
- Regulating the Egg Industry: Lessons from South Australia (B. Burgan and Norm Thomson)
- Arthur Okun’s Contribution to the Macoeconomic Policy Debates in the 1970s (J. Lodewijks)
- Taxation of Gambling in Australia (T. Alchin)
- Privatisation (C.A.K. Lovell)
- The New Industrial Economics: Theoretical and Empirical Developments (J. Mangan)
- Book Reviews
Regulating the Egg Industry: Lessons from South Australia
B. Burgan and Norm Thomson
Pages: 129-140
Abstract:
The egg industry in Australia is characterised by markets in which both price and output are regulated by state marketing boards. With prices set on the basis of estimates of average costs, together with a guaranteed market for output, producers enjoy monopoly rents. These rents are reflected in the price paid for (transferable) hen quotas sold on the open market. Because the egg industry is becoming concentrated into fewer production units, the benefits of regulation are increasingly accruing to larger producers. This, together with the implication of imposing average cost pricing on consumers, suggests scope for a change in government policy towards egg industry deregulation. These issues are discussed with specific reference to the egg market in South Australia.
Full Text PDF (2.55MB)
Arthur Okun’s Contribution to the Macoeconomic Policy Debates in the 1970s
J. Lodewijks
Pages: 141-166
Abstract:
This paper examines the policy views of a prominent American Keynesian, Arthur Okun. An account is given of what Okun actually said on stabilisation policy and the need for a wage-price policy by using his testimonies before Congressional Committees. It is concluded that Okun was an advocate of a particular approach to promoting anti-inflation and pro-employment policies and was able to communicate these ideas to those actually concerned with public policy formation.
Full Text PDF (7.21MB)
Taxation of Gambling in Australia
T. Alchin
Pages: 167-184
Abstract:
This paper examines taxation of gambling in Australia and shows the proportions of taxation that each State receives. An interstate comparison of the components of gambling taxes is undertaken and some reasons for the differences between States are given such as the contributions to hospitals and the staid nature of residents of some other States. Taxation of gambling in NSW is examined in some depth and lottery revenue is used as an illustration of the growth, decline and resurgence of this taxation source. This paper shows the declining tax rate from lotteries since the middle 1940s to the early 1980s and the dramatic re-emergence of lottery revenue as a taxation source since the introduction of Instant Lotteries in NSW.
Full Text PDF (5.02MB)
Privatisation
C.A.K. Lovell
Pages: 185-195
Full Text PDF (3.30MB)
The New Industrial Economics: Theoretical and Empirical Developments
J. Mangan
Pages: 197-206
Full Text PDF (3.64MB)
Book Reviews:
- The Economic Nature of the Firm: A Reader (L. Putterman)
- Money Capital in the Theory of the Firm: A Preliminary Analysis (D. Vickers)
- New Approaches to Monetary Economics (W.A. Barnett and K.J Singleton)
- A Beveridge Reader (K. Williams and J. Williams)
- Traditions of Liberalism: Essays on John Locke, Adam Smith and John Stuart Mill (K. Haakonssen)
- In the Age of the Smart Machine: The Future of Work and Power (S. Zuboff)
- Keynes’ Vision: A New Political Economy (A. Fitzgibbons)
- A Fatte Worse than Debt (S. George)
Pages: 207-224
Full Text PDF (6.53MB)
(rar 27.4MB) 
(zip 27.5MB)
