| The research undertaken was four-fold. First, to investigate whether government policy provides protection and by extension, incentives for the local table egg farmers to remain in production. To do so, EPC's for all commercial farms in the industry were estimated to arrive at a weighted or industry EPC. The study also investigated whether the local tables egg industry had a comparative advantage or was efficient in the production of table egg. The Domestic Resource Cost (DRC) coefficient was used as a proxy of efficiency and comparative advantage. DRC's were calculated for the twenty-three farms. Having established that the industry was competitive, a sensitivity analysis was conducted to determine the extent to which feed costs, the major... |
