The economic impact on Isis Shire of the Isis Centreal Sugar Mill

Stewart, Shannon. (2004). The economic impact on Isis Shire of the Isis Centreal Sugar Mill Honours Thesis, School of Economics, The University of Queensland.

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Author Stewart, Shannon.
Thesis Title The economic impact on Isis Shire of the Isis Centreal Sugar Mill
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 2004
Thesis type Honours Thesis
Total pages 122
Language eng
Subjects 14 Economics
Formatted abstract
The Australian sugar industry has been in downturn since the late 1990's. This downturn has prompted a great deal of discussion regarding the long-term viability of the sugar industry and its significance to regional economies. Industry and regional groups suggest that sugar cane farming and sugar mills are a vital part of many coastal communities and that without these industries numerous towns would die. To date, little formal economic analysis has been done to determine the validity of these claims.

This thesis involves both the development of an input-output model and the application of this model in an economic impact study. The primary objective is to develop an interindustry modelling framework with which to investigate the significance of sugar cane growing and milling to the rural communities in which they exist. To do this the Isis Central Sugar Mill is used as a case study. The results of this study suggest that the sugar industry plays an extremely important role in the Isis economy and highlight other industries which may be seriously affected by the industry's downturn. The results do not however, validate general claims that the community would collapse without the industry.

The creation of such a framework aims to provide policy makers with important economic insight into the role the sugar industry plays in rural communities and how its downturn may be affecting local economies. This type of information has been lacking to date but is considered fundamental to making well informed policy decisions.

Document type: Thesis
Collection: UQ Theses (non-RHD) - UQ staff and students only
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Created: Fri, 03 Dec 2010, 09:55:06 EST by Ning Jing on behalf of The University of Queensland Library