Cultivating Success

The Role of Institutions, Policies and Investments in Driving Rural Transformation in Australia

Datos Bibliográficos

ID6415696
AutoresM Y Chen (0009-0005-3660-7159, Peking University), Charlotte Findlay (0000-0002-2707-5278, Australian National University), Yu Sheng (0000-0002-8467-6213, Australian National University), Chunlai Chen (0000-0002-4382-0768, Australian National University), Jikun Huang (0000-0001-7682-4477, Peking University)
Año2025
Volumen13
Número1
Fecha de publicación2025-10-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaAsia & the Pacific Policy Studies (JOURNAL)
Identificadores de la revistaISSN: 2050-2680 • E-ISSN: 2050-2680
EditorialWiley (PUBLISHER • GB)
DOI10.1002/app5.70056
OpenAlexW4414693603
IdiomaEN
Citas recibidas2
Referencias citadas39

Australiaʼs agricultural sector has experienced a remarkable resurgence in economic growth since the late 1970s, effectively reversing decades of stagnation following World War II. At the heart of this resurgence lies the pivotal role of agricultural total factor productivity (TFP) growth, which has been 1.4% a year accounting for more than two‐thirds of the growth in agricultural output. Crucially, government interventions, encompassing a range of institutions, policies, and investments (IPIs), have significantly contributed to this transformation process. These IPIs include deregulation, substantial investments in research and development, and effective water management. This paper reviews agricultural development in Australia since the 1950s and the profound role of IPIs on agricultural TFP. By drawing valuable insights from the Australian experience, we shed light on the pivotal role that governments can play in fostering agricultural GDP growth, sustainability, and resilience within an ever‐evolving global landscape

Education Systems and Policy · Entrepreneurship Studies and Influences · Rural development and sustainability