Farm incomes and the real exchange rate in Australia: evidence from the ORANI model.

P. B. Dixon, B. R. Parmenter, A. A. Powell

Research output: Contribution to journalArticleResearchpeer-review


Uses a model of the Australian economy to analyse the effects on Australian agriculture of increases in tariffs, wages, oil prices and domestic aggregate demand. Results indicate that an increase in any of these features has adverse implications for the agricultural sector and that the severity of those implications is well indicated by the extent to which the increases cause declines in the real exchange rate. Movements in the real exchange rate are crucial for agriculture because they are closely related to movements in agriculture's price-cost ratio. -from Authors

Original languageEnglish
Pages (from-to)203-206
Number of pages4
JournalJournal-Australian Institute of Agricultural Science
Issue number4
Publication statusPublished - 1 Jan 1983
Externally publishedYes

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