American Journal of Agricultural Economics · 1984 · 90 citations · 4 references
AgricultureAgricultural EconomicsEconomicsCommodity MarketsInternational EconomicsInternational TradeAgricultural Commodity MarketsAgricultural Commodity PricingCommodity Price FormationEconomies Of ScaleInternational Commodity TradeTrade GoodsAggregate TheoryAgricultural Commodity PricesCommodity AggregationCommodity Trade PatternsTradable Goods Prices
Abstract This paper develops a model for assessing the aggregate level and distribution of the benefits of reseach into tradable commodities. It estimates gains to Australia and to the rest of the world from research into the wool and wheat industries.
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Two Concepts of External Economies
Tibor Scitovsky · Journal of Political Economy · 1954 · 1.2K citations