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Registros recuperados: 33
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Revenue volatility faced by Australian wheat farmers AgEcon
Kingwell, Ross S..
This paper uses variance decomposition modelling to explore how wheat revenue volatility in Australia has changed spatially and temporally. The components of revenue variance are the variances and covariances of wheat prices, the area of wheat harvested and the yield of wheat. The key finding is that the volatility of wheat revenue (detrended) has more than doubled in every main wheat-growing State in Australia over the last 15 years or so Changes in wheat areas are mostly a minor source of revenue variance. The principal cause of volatility is yield changes with price changes increasing slightly in absolute importance when compared to their adjacent previous period. Greater downside yield risk is often the principal cause of the increased yield variance....
Tipo: Conference Paper or Presentation Palavras-chave: Risk; Wheat production; Variance decomposition; Wheat farming; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/100572
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Institutional change and plant variety provision in Australia AgEcon
Kingwell, Ross S..
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/57905
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RESEARCH PRIORITY-SETTING IN PAPUA NEW GUINEA: POLICIES, METHODS AND PRACTICALITIES AgEcon
Omuru, Eric; Kingwell, Ross S..
Agricultural research priority-setting at best promotes the effective and efficient use of scarce research resources. This paper reviews firstly the priority-setting methods used in Papua New Guinea for agricultural R&D and examines the practicalities of implementing these and other methods. Secondly, this paper reports on key factors affecting the strategic directions for agricultural R&D in Papua New Guinea. These factors include:(i) the long term trends in international crop prices; (ii) long-term trends in crop production by sector (plantations or smallholders); (iii) the cost of production by sector and its effects on the long-term economic sectoral sustainability; and (iv) the potential impact of pests and diseases. Related issues of research...
Tipo: Presentation Palavras-chave: Research and development; Research priority-setting; Papua New Guinea; Agricultural and Food Policy; Research and Development/Tech Change/Emerging Technologies.
Ano: 2000 URL: http://purl.umn.edu/123714
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Incentive Design for Introducing Genetically Modified Crops AgEcon
Kingwell, Ross S..
The introduction of genetically modified (GM) crops raises several issues. This paper looks at incentives required to reduce problems of illegal and improper use of GM proprietary technology used in growing GM crops. A simple model of producer behaviour describes some key influences of a farmer’s response to GM crops. The model is illustrated using the example of INGARD cotton grown in Australia. The key findings are that legitimate adoption of a GM crop by a farmer depends on their attitude to risk, the relative profitability of growing the GM crop, the probability of detection of illegal or improper use of the GM crop and the severity of fines successfully imposed for fraud or contract breaches. In the case of INGARD cotton the problem of illegal and...
Tipo: Presentation Palavras-chave: Consumer/Household Economics; Crop Production/Industries.
Ano: 2000 URL: http://purl.umn.edu/123687
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Managing Complexity in Modern Farming AgEcon
Kingwell, Ross S..
Modern farming in Australia is no longer simple. Farms are large, multi-enterprise businesses underpinned by expensive capital investments, changing production technologies, volatile markets and pervasive regulation. The complexity of modern broadacre farming leads to the question: what is the nature of the relationship between farm business complexity and farm profitability? This study uses bioeconomic farm modelling and employs eight measures of complexity to examine the profitability and complexity of a wide range of broadacre farming systems in Australia. Rank order correlations between farm profitability and each measure of complexity show inconsistent relationships, although the most profitable farming systems are found to be reasonably complex on...
Tipo: Conference Paper or Presentation Palavras-chave: Complexity; Farm modelling; Management; Profitability; Farm Management.
Ano: 2010 URL: http://purl.umn.edu/59090
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Dynamic trade-offs in water use between irrigation and reservoir aquaculture in Vietnam AgEcon
Tran, Lap Doc; Schilizzi, Steven; Kingwell, Ross S..
Conflicts of interest between irrigation and aquaculture in water use from reservoirs in Vietnam can be resolved when trade-offs in the economic value of water can be quantified over time. Determining these trade-offs can be used as a benchmark for making decisions about managing reservoirs tending to develop rural areas in Vietnam. To solve this problem, a stochastic dynamic programming model was constructed. This model maximizes the expected net present values generated by both agriculture and aquaculture by finding the optimal release paths throughout a year, under conditions of uncertain rainfall. The model was constructed using two main components. First, a dated water production function is used to evaluate responses of crop yields for different...
Tipo: Conference Paper or Presentation Palavras-chave: Irrigation; Reservoir aquaculture; Stochastic dynamic programming; And dynamic trade-offs; Community/Rural/Urban Development.
Ano: 2010 URL: http://purl.umn.edu/59171
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Climate Change Impacts on Investment in Crop Sowing Machinery AgEcon
Kingwell, Ross S.; Farre, Imma.
Down-scaled global circulation modelling is combined with wheat growth simulation modelling to generate yield responses to times of sowing under current and projected climatic conditions for several locations in the grainbelt of Western Australia. A model for investment in crop sowing machinery draws on these simulated yield relationships at each location and is used to determine a farmer’s optimal investment in crop sowing work rate capacity under current and projected climate regimes. The key finding is that at most locations the projected change in climate has marked impacts on profit distributions from grain production, yet mostly modest changes in the farmer’s investment in machinery work rate form part of the profit-maximising response to climate...
Tipo: Conference Paper or Presentation Palavras-chave: Climate change; Farm machinery; Farm management; Machinery investment; Environmental Economics and Policy; Farm Management.
Ano: 2008 URL: http://purl.umn.edu/6011
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Modelling the management of multiple-use reservoirs: Deterministic or stochastic dynamic programming? AgEcon
Tran, Lap Doc; Schilizzi, Steven; Chalak, Morteza; Kingwell, Ross S..
Modelling complex systems such as multiple-use reservoirs can be challenging. A legitimate question for scientists and modellers is how best to model their management under uncertain rainfall. This paper studies whether it is worth using a stochastic model that requires more effort than a much simpler deterministic model. Both models are applied to the management of a multiple-use reservoir in southern Vietnam. Although no single modelling approach is universally superior, this study indicates that the desirable modelling approach is stochastic if reservoir capacity and water use demands have a high enough impact on the optimal timing of reservoir water use.
Tipo: Presentation Palavras-chave: Deterministic dynamic proramming; Stochastic dynamic programming; Water management; Irrigation; Fisheries; Multiple-use reservoir; Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 2012 URL: http://purl.umn.edu/124463
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Climate Change and the Economics of Farm Management in the Face of Land Degradation: Dryland Salinity in Western Australia AgEcon
John, Michele; Pannell, David J.; Kingwell, Ross S..
Paper removed at request of authors 08/03/07.
Tipo: Conference Paper or Presentation Palavras-chave: Dryland salinity; Climate change; Low rainfall agriculture; Land degradation; Whole farm bioeconomic modelling; Environmental Economics and Policy; Farm Management.
Ano: 2006 URL: http://purl.umn.edu/25800
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Comparing the profitability of sheep, beef, dairy and grain farms in southwest Victoria under different rainfall scenarios AgEcon
Browne, Natalie; Kingwell, Ross S.; Behrendt, Ralph; Eckard, Richard.
Dryland farming is commonplace in Australia so the profitability of dryland farms often depends on the amount and timing of rainfall. With drier weather conditions featuring in climate change projections for southern Australia, it is important to understand the relationships between rainfall, commodity prices and farm profitability. Using correlated farm commodity and input prices from the past nine years, farm profitability was calculated for a range of farm types in southwest Victoria under low, average and high rainfall scenarios. Fourteen representative farms were examined that included production of Merino fine wool, prime lamb, beef cattle, milk, wheat and canola. This paper compares and contrasts the spread of profitability of these farms against...
Tipo: Working Paper Palavras-chave: Dryland farming; Farm enterprises; Climate change; Price variability; Crop Production/Industries; Environmental Economics and Policy; Livestock Production/Industries.
Ano: 2012 URL: http://purl.umn.edu/124249
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WOOL’S FUTURE in WESTERN AUSTRALIA and the R&D IMPLICATIONS: A Discussion Paper AgEcon
Bathgate, Andrew D.; Kingwell, Ross S.; O'Connell, Michael.
Sustained low prices for wool have resulted in a prolonged decrease in the profitability of wool production. The extent of the decline has led some farmers to question whether wool has a viable future on their farms. In many regions growers have substantially increased their area of crop and reduced their commitment to wool production. Stock numbers have declined appreciably and there is concern amongst some that the wool industry may not recover. This paper uses Western Australia as a case study for investigating the future of wool. In particular the nature and role of R,D&E in the industry is examined. The success of R,D&E is reviewed and the directions and likely impacts of future R,D&E on farm are discussed.
Tipo: Presentation Palavras-chave: Livestock Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/123761
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Debugging Mathematical Programming Models: Principles and Practical Strategies AgEcon
Pannell, David J.; Kingwell, Ross S.; Schilizzi, Steven.
Bugs are an unavoidable aspect of mathematical programming (MP) modelling. In this paper we discuss the prevention and diagnosis of bugs in MP models. The topic is rarely addressed in the literature but is crucial to the success of modelling projects, especially for large models. We argue that finding a bug and understanding unexpected results (whether or not due to a bug) are very closely related activities. We identify different types of bugs and suggest practical strategies for dealing with each. Adopting procedures for prevention of bugs is essential, especially for large models. We outline the prevention strategies we have adopted and found successful for the MIDAS and MUDAS models.
Tipo: Journal Article Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1996 URL: http://purl.umn.edu/12306
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ON-FARM FACTORS INFLUENCING INVESTMENT IN CROP SOWING MACHINERY AgEcon
Kingwell, Ross S..
Farmers in grain industries make important decisions about investment in crop sowing machinery. This paper shows how some on-farm factors affect profit-maximising levels of investment in crop sowing machinery. The paper examines the effect on optimal investment of discontinuities in sowing opportunities, varietal portfolios and soil portfolios.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Farm Management.
Ano: 1996 URL: http://purl.umn.edu/22364
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Effects of Tactical Responses and Risk Aversion on Farm Wheat Supply AgEcon
Kingwell, Ross S..
A discrete stochastic programming model of the farming system of the eastern wheatbelt of Western Australia is used to examine the effect of tactical responses and risk aversion on wheat supply. Including within-season tactical changes to wheat areas decreases the own-price elasticity of supply. By contrast, introducing risk aversion has no consistent effect on the own-price elasticity of supply. The implications for supply models are discussed.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1995 URL: http://purl.umn.edu/12393
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Institutional and social influences on R&D evaluation in agriculture AgEcon
Kingwell, Ross S..
Benefit‐cost analyses of R&D activity in agriculture increasingly form part of the decision‐making process of allocating R&D funds. This article describes how institutional and social influences can affect the rigour and quality of R&D evaluations. The article explores some possible mechanisms for quality control in benefit‐cost analysis so that appraisals are more likely to be accountable and credible assessments rather than false advertising or biased assessments.
Tipo: Journal Article Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 1999 URL: http://purl.umn.edu/117034
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The Carbon Challenge for Mixed Enterprise Farms AgEcon
Kingwell, Ross S..
As part of its climate change policy the Australian government has introduced a Mandatory Renewable Energy Target (MRET) scheme and is also attempting to introduce a Carbon Pollution Reduction Scheme (CPRS). Using as a case study a main agricultural region of Australia, this paper examines how farming systems in this region may be affected by the medium term policy settings of these two schemes. A bio-economic model of the region’s farming systems is developed and used to assess the schemes’ impacts on the nature and profitability of the farming systems. Results show a range of profit and enterprise impacts across the range of farming systems. Farms as providers of biomass for electricity generation and small users of electricity are liable to benefit from...
Tipo: Conference Paper or Presentation Palavras-chave: Agriculture; Greenhouse gases; Economic modelling; Sequestration; Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy; Institutional and Behavioral Economics; International Relations/Trade; Land Economics/Use.
Ano: 2009 URL: http://purl.umn.edu/97169
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Impact on Western Australia’s sheep supply chain of the termination of live sheep exports AgEcon
Nath, Tanmoy; Kingwell, Ross S.; Cunningham, Peter; Islam, Nazrul; Xayavong, Vilaphonh; Curtis, Kimbal; Feldman, David; Anderton, Lucy; Mahindua, Truphena.
Western Australia (WA) supplies around three-quarters of Australia’s exports of live sheep. The number of sheep exported live from WA has ranged from 4.5 million to 2.4 million with the trend in numbers exported being downwards. The future of this export trade appears to be increasingly vulnerable and uncertain, primarily because of the influence of animal welfare lobbyists. This paper uses scenario analysis to assess the impact on WA’s sheep supply chain of the termination of the live sheep export trade. The supply chain comprises three subsectors: farm production, processing/wholesale and retailing/export. The impacts of the trade termination on each of these sub-sectors are reported. These impacts are strongly linked to how producers respond to...
Tipo: Presentation Palavras-chave: Live sheep export; Animal welfare; Regional economic impacts; Industry value chains; International Relations/Trade; Livestock Production/Industries.
Ano: 2012 URL: http://purl.umn.edu/124345
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Should Australia Export its Native Birds? AgEcon
Kingwell, Ross S..
Commercial export from Australia of native birds, wild or captive bred, is prohibited. This paper firstly describes the current legislation and regulations that restrict the export of native birds and discusses why governments have adopted such a regulatory approach to bird species preservation. Secondly, the paper reviews the debate concerning the export ban, pointing out strengths and weaknesses in arguments and indicating the important role of CITES. Lastly, the paper outlines a new case for a conditional lifting of the ban, whereby DNA fingerprinting is used to establish transferable property rights to overcome a main source of market failure in the preservation of bird species. Application of this DNA technology offers an opportunity both to protect...
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1994 URL: http://purl.umn.edu/12487
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Optimal strategies for regional cultivar testing AgEcon
Brennan, John P.; Kingwell, Ross S.; Thomson, Fiona M.; Cullis, Brian R..
In undertaking cultivar trials, the variability of the response of the cultivars to the different environments in which they are grown introduces the possibility of release errors and non‐release errors in the decisions made on the basis of the trial results. In this article a model is developed that accounts for the economic costs of those errors as well as the costs of operating the trials, and enables the features of the optimal cultivar testing program to be identified. The model is illustrated by application to wheat cultivar trials in central and southern NSW.
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 1998 URL: http://purl.umn.edu/117231
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Economics of grain accumulation for ethanol production: a regional case study AgEcon
Anderton, N.; Kingwell, Ross S..
Ethanol production is increasingly commonplace in many grain producing regions. This paper uses the grain producing region of Western Australia as a case study to illustrate how the location and size of an ethanol plant affects its grain accumulation costs. Specifically, this study examines how price variability of various wheat grades, combined with spatial and temporal variability in production of those grades affects the costs of grain accumulation for ethanol production. These costs are the main component of a plant's operating costs so lessening these costs can offer a comparative advantage for a plant owner. Logistics models' based on mathematical programming were constructed to depict a range of plant sizes and locations for ethanol production. The...
Tipo: Conference Paper or Presentation Palavras-chave: Ethanol; Mathematical programming; Logistics; Wheat; Grain quality; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10349
Registros recuperados: 33
Primeira ... 12 ... Última
 

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