@article{Longworth:23038,
      recid = {23038},
      author = {Longworth, John W.},
      title = {AGRICULTURAL POLICY AND INNOVATION},
      journal = {Australian Journal of Agricultural Economics},
      address = {1983-08},
      number = {429-2016-28758},
      pages = {5},
      year = {1983},
      abstract = {In principle, the Group regards long-run market forces as  the best guide to resource allocation, not only within  existing production units, but also between sectors.  However, in practice they perceive many instances of market  failure in the rural sector which justify government  intervention either on efficiency grounds or on equity  grounds. They aggregate these intervention/assistance  measures into sets and devote a chapter to each set. The  new, novel and controversial aspects of assistance are  highlighted in these comments. The Group discussed price  support and underwriting schemes, input subsidies and  related issues, natural disaster relief, income tax  averaging, product promotion and export inspection services  in Chapter 5 and research, extension and education in the  context of innovation in Chapter 9.},
      url = {http://ageconsearch.umn.edu/record/23038},
      doi = {https://doi.org/10.22004/ag.econ.23038},
}