Development

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Browsing Development by Author "Clarke, Harry"

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    Forward planning and stability of the Austrailan migration program
    (1995-02) Clarke, Harry
    Should the Australian immigration intake be forward planned and if so, should the resulting intake be numerically stubble through time? There are sound reasons for anticipating the effects of current on future immigration intakes decisions. Australia's long-term national objectives. These two policy requirements imply a case for forward planning but not the need for a stable immigration intake. Appropriately designed numerically unstable intakes are preferable to stable immgration intakes because instabillity, while introducing adjustment costs avoids incurring more significant losses due to loss of selectivity in determining the entry mix.
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    Optimal depletion when development makes an unused resource stock more valuble
    (1995-05) Clarke, Harry
    Some countries rapidly exploit their natural resource bases to increase incomes and achieve development goals. When increased incomes eventuate, stocks of certain resource currently being depleted attain enhanced future values when demands for the utilization of services based on theses stocks increase with development. This paper analyses the trade off between development and conservation goals in a model determining optimal savings and depletion time paths.