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Registros recuperados: 33
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PROFITABILITY OF INCREMENTAL EXPENDITURE ON FIBRE PROMOTION AgEcon
Hill, Debbie J.; Piggott, Roley R.; Griffith, Garry R..
In this paper the impact of changes in wool promotion expenditure and changes in expenditure on the promotion of competing fibres are examined using an equilibrium displacement model. The emphasis is on examining impacts on producer profits net of promotion expenditure and on benefit-cost ratios measuring changes in producer surplus relative to changes in promotion expenditure. It was found, for example, that incremental expenditure on apparel wool promotion on the domestic market is unprofitable but incremental expenditure on promotion of apparel wool on the export market is generally profitable. Further, it was found that increased promotion of cotton and man-made fibres on the export market, with promotion of apparel wool unchanged, would reduce profits...
Tipo: Journal Article Palavras-chave: Marketing.
Ano: 1996 URL: http://purl.umn.edu/22370
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EFFECTS OF PAST AUSTRALIAN WHEAT PRICE POLICIES ON KEY INDUSTRY VARIABLES AgEcon
Myers, Robert J.; Piggott, Roley R.; MacAulay, T. Gordon.
Evidence is provided on the extent to which wheat price policies operating over the period 1953-54 to 1983-84 achieved objectives related to the levels and stability of key industry variables. The general findings are that the levels of achievement have been modest and that trade-offs have been involved. This evidence is supplementary to the evidence already available from efficiency-based studies.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Marketing.
Ano: 1985 URL: http://purl.umn.edu/22513
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The Distribution of Gains from Cattle Development in a Multi-Stage Production System: The Case of the Bali Beef Industry AgEcon
Zhao, Xueyan; Ambarawati, I Gusti Agung Ayu; Piggott, Roley R.; Griffith, Garry R..
Beef production in Bali is dominated by small-holders, like the majority of Indonesian agriculture. A number of different policies have been implemented to enhance development of this and other parts of the Bali beef industry. Knowledge about the returns from these options for the development of the cattle and beef industry, and their distribution among producers, consumers and others, would better inform policy decision making. This paper examines the benefits from cattle development in a multi stage production representation of the Bali beef industry using equilibrium displacement modelling (EDM). For a 1 per cent exogenous shift in the relevant market, improved productivity of Bali cattle production has the largest total benefits (Rp 3.02 billion,...
Tipo: Working or Discussion Paper Palavras-chave: Equilibrium displacement model; Research evaluation; Bali; Cattle and beef industry; Economic analysis; Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/12920
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The Relative Payoffs From R&D and Generic Advertising Expenditure by the Australian Pig Industry AgEcon
Mounter, Stuart W.; Griffith, Garry R.; Piggott, Roley R.; Mullen, John D..
Australian Pork Limited collects producer levies and matching contributions from the Federal government (on some of the levy income), and uses these funds to invest in R&D, domestic and export marketing campaigns and strategic policy development. In 2003/04, more than $18 million in funds were available. Levy payers and other stakeholders want to know that these funds are being well spent to generate positive net returns to the industry. This issue is particularly important at present, with the Australian pig meat industry competing in a global market environment, producing significant quantities of pork exports but also facing significant quantities of pork imports for further processing. An equilibrium displacement model of the Australian pig...
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries; Marketing; Research and Development/Tech Change/Emerging Technologies.
Ano: 2005 URL: http://purl.umn.edu/12943
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An Equilibrium Displacement Model of the Australian Beef Industry AgEcon
Zhao, Xueyan; Mullen, John D.; Griffith, Garry R.; Griffiths, William E.; Piggott, Roley R..
Around $100 million has been spent annually on R&D and promotion in the Australian red meat industries in recent years. The R&D investments are made throughout the production, processing and marketing chain in both the grass and grain finished sectors. Promotion investments are made in both export and domestic markets. Despite this large investment of industry and government funds there is great uncertainty about the returns from these investments. Not only is it unclear what the total industry returns are but it is even less clear how producers and the community benefit from the many alternative investment options. Hence, it is unclear how funds should be allocated between these alternatives. Zhao (1999) addressed these issues in research for...
Tipo: Report Palavras-chave: Industrial Organization; Research and Development/Tech Change/Emerging Technologies.
Ano: 2000 URL: http://purl.umn.edu/28007
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Measuring the Impact of Staple Strength-Enhancing Technologies on Australian Wool Producer Profits: A Duality-Based Approach AgEcon
Templeton, Deborah J.; Griffith, Garry R.; Piggott, Roley R.; O'Donnell, Christopher J..
Wool tenderness is a significant problem in Australia, especially in areas where sheep graze under highly seasonal conditions. In this study, a duality-based modeling framework is implemented to assess the economic impact of staple strength-enhancing research on the profits of Australian woolgrowers. Within this framework, a normalized quadratic profit function is specified and estimated. The model is based on a number of fundamental characteristics of the Australian wool industry and the staple-strength enhancing technology being assessed. The model consists of a system of equations that are specified in terms of effective, rather than actual, prices. The interrelationships between the netputs are allowed for in the model in a manner that is...
Tipo: Working or Discussion Paper Palavras-chave: Profit function approach; Research evaluation; Wool; Staple strength; Economic analysis; Livestock Production/Industries; Productivity Analysis.
Ano: 2004 URL: http://purl.umn.edu/12922
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THE ELASTICITY OF AGGREGATE AUSTRALIAN AGRICULTURAL SUPPLY: ESTIMATES AND POLICY IMPLICATIONS AgEcon
Pandey, Sushil; Piggott, Roley R.; MacAulay, T. Gordon.
Annual time series data for the period 1950-51 through 1975-76 are used to estimate the price elasticity of aggregate Australian agricultural supply using two methods. The short-run elasticity is estimated to be highly inelastic but it has been increasing through time. The preferred estimate of the long-run elasticity is in the relatively inelastic range and it has also been increasing through time. Some implications of these results for intersectoral resource flows and compensatory assistance, the cost-price squeeze, the effects of the mineral boom and monetary policy are discussed.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1982 URL: http://purl.umn.edu/22705
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Distribution of Gains from Cattle Development in a Multi-Stage Production System: The Case of the Bali Beef Industry AgEcon
Ambarawati, I Gusti Agung Ayu; Zhao, Xueyan; Griffith, Garry R.; Piggott, Roley R..
Beef production in Bali is dominated by smallholders, just like the majority of Indonesian agriculture. A wide range of policies has been implemented to enhance development of the Bali beef industry. Knowledge about the distribution of the returns from the development of the cattle industry, including marketing, informs decision making. This paper examines the benefits from cattle development in a multi-stage production representation of the Bali beef industry using equilibrium displacement modelling (EDM). Benefits are measured as changes in economic surplus. The distribution of benefits among farmers, processors and retailers is also examined.
Tipo: Conference Paper or Presentation Palavras-chave: Beef production; Government policy; EDM; Economic surplus.; Agricultural and Food Policy.
Ano: 2003 URL: http://purl.umn.edu/57829
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Food Price Policy in Indonesia AgEcon
Piggott, Roley R.; Parton, Kevin A.; Treadgold, Elaine M.; Hutabarat, Budiman.
Tipo: Technical Report Palavras-chave: Agricultural and Food Policy.
Ano: 1993 URL: http://purl.umn.edu/118694
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COMBINATIONS OF BUFFER-STOCKS AND BUFFER-FUNDS FOR WOOL PRICE STABILISATION IN AUSTRALIA AgEcon
Moir, Brian; Piggott, Roley R..
In this paper a preliminary analysis is presented of a combined buffer-fund and buffer-stock as an alternative to a pure buffer-fund or a pure buffer stock for stabilising wool prices. The alternatives analysed are designed so that each provides the same prices to producers as did the Reserve Price Scheme over the period of analysis. Least-cost combinations of policy instruments are derived. The results show that there is considerable potential for cost savings to be made by combining buffer-fund and buffer-stock instruments.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1991 URL: http://purl.umn.edu/22925
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The Payoff from Generic Advertising by the Australian Pig Industry in the Presence of Trade AgEcon
Mounter, Stuart W.; Griffith, Garry R.; Piggott, Roley R..
The Australian pig meat industry today competes in a global market environment, with significant quantities of both pork exports and pork imports for further processing. In March 2003 Australian Pork Limited (APL) launched a advertising campaign to raise domestic per capita consumption of pork, and increase consumer awareness and preference for identified Australian pig meat. This is funded from producer levies. Over the period 2003 to 2005, APL advertising expenditure is forecast to be at least 15 per cent above 2001-02 domestic advertising expenditure levels. Domestic advertising expenditure by APL for the 2002-03 financial year was actually 30 per cent above the previous year's level. The question is whether these pig producer funds are being well...
Tipo: Working or Discussion Paper Palavras-chave: Equilibrium displacement models; Returns to advertising; Pigmeat; Economic analysis; Livestock Production/Industries; Marketing.
Ano: 2004 URL: http://purl.umn.edu/12946
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Book reviews AgEcon
Piggott, Roley R.; Quiggin, John C.; Samuel, Nicholas; Trewin, Ray.
Tipo: Journal Article Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 1998 URL: http://purl.umn.edu/117288
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ELASTICITY OF SUPPLY AND THE INCENTIVE FOR COLLUSIVE BUYING AgEcon
Piggott, Roley R..
A model is developed to show how changes in the elasticity of the supply function at the farm level offset increased levels of buyer (processor) concentration such that given percentage increases in demand by large buyers result in the same, or smaller, percentage price changes than do increases in demand on the part of small buyers. Since the incentive for collusive buying is a function of the potential price increases which follow demand increases, there may be little incentive for buyers to collude even if they are highly concentrated.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1970 URL: http://purl.umn.edu/22409
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Testing for Market Power in the Australian Grains and Oilseeds Industries: Further Results AgEcon
O'Donnell, Christopher J.; Griffith, Garry R.; Nightingale, John J.; Piggott, Roley R..
Recent empirical studies have found significant evidence of departures from competition in the input side of the bread, breakfast cereal and margarine end-product markets. In this study we specify a general duality model of profit maximisation that allows for imperfect competition in the input and output markets of the grains and oilseeds industries. The model allows for variable-proportions technologies and can be regarded as a generalisation of several models appearing in the agricultural economics and industrial organisation literatures. Aggregate Australian data are used to implement the model for thirteen grains and oilseeds products handled by seven groups of agents. The model is estimated in a Bayesian framework. Results are reported in terms of...
Tipo: Conference Paper or Presentation Palavras-chave: Market power; Conjectural elasticities; Grains and oilseeds; Crop Production/Industries; Production Economics.
Ano: 2003 URL: http://purl.umn.edu/57930
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ESTIMATING SOURCES OF FLUCTUATIONS IN THE AUSTRALIAN WOOL MARKET: AN APPLICATION OF VAR METHODS AgEcon
Myers, Robert J.; Piggott, Roley R.; Tomek, William G..
Vector autoregression (VAR) methods are used to analyse the contribution of supply, demand and policy shocks to unpredictable fluctuations in the market for Australian wool. VAR procedures are compared with conventional structural econometric models as methods for decomposing sources of instability. While each has advantages and disadvantages, VAR procedures might be viewed as preferable when the underlying market structure is complex and uncertain, as it is in the case of wool. Based on the results obtained, demand shocks are the dominant source of uncertainty in the wool market in the absence of Australian Wool Corporation intervention, but intervention has blunted their effects, reducing market uncertainty and increasing the average level of prices and...
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1990 URL: http://purl.umn.edu/22357
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A LINEAR PROGRAMMING SOLUTION TO SOME MARKET ALLOCATION PROBLEMS AgEcon
Piggott, Roley R..
Certain market allocation problems involving linear average net revenue functions can be solved by linear programming. The technique can be applied to an objective function derived from linear marginal net revenue functions, the objective being to force each marginal net revenue as near to zero as possible given the constraint set. If a particular problem is suited to a linear programming solution, researchers may prefer to use this technique rather than more sophisticated optimization methods.
Tipo: Journal Article Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1975 URL: http://purl.umn.edu/22550
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AGRICULTURAL SELLING CARTELS: RELATIVE CO-OPERATOR AND NON-COOPERATOR GAINS AgEcon
Piggott, Roley R..
An analytical framework is developed for assessing the relative gains accruing to co-operators and non co-operators in a cartel arrangement involving production quotas. Key parameters determining the relative gains are identified. The values of these parameters in the context of Australian agriculture could result in greater gains for non co-operators than for co-operators. Suggestions are offered on some types of information that should be sought in feasibility studies before cartels are established.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1981 URL: http://purl.umn.edu/22627
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A Note on Price Levelling and Price Averaging in Sydney Retail Vegetable Price Spreads AgEcon
Griffith, Garry R.; Jamandre, W.E.; Piggott, Roley R..
For tomatoes, potatoes, carrots and onions in the Sydney market, the degree of variability of the retail price is substantially lower than the degree of variability of the wholesale price. The objective here is to investigate whether fresh vegetable retailers in the Sydney market practice price levelling and price averaging. 2SLS and 3SLS procedures were used to estimate a system of price spread equations for the four vegetables using quarterly data from 1980 to 1990. In the preferred 3SLS estimates price levelling was confirmed for potatoes and carrots. Price levelling was not evident in the tomatoes and onions equations, with price transmission influenced more by markup pricing policies for these vegetables. No evidence of price-averaging behaviour was...
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1992 URL: http://purl.umn.edu/12502
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Agricultural Economics at the University of New England AgEcon
MacAulay, T. Gordon; Piggott, Roley R..
Tipo: Journal Article Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 1988 URL: http://purl.umn.edu/12563
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A Multilevel Economic Analysis of the Wheat Market in Pakistan AgEcon
Ashfaq, Muhammad; Parton, Kevin A.; Griffith, Garry R.; Piggott, Roley R..
Government price policy in Pakistan affects both the supply and demand of wheat. The wheat market has been established in a particular idiosyncratic manner in Pakistan, and a thorough appraisal of policy needs to take this into account. Hence, to analyse various policy interventions, this study develops a multi-level wheat market model. After considering the real world aspects of the wheat marketing chain, a conceptual framework is developed involving five market levels. This is then translated into a multi-equation econometric model. The model is based on secondary time series data from 1971 to 1996. It consists of equations representing supply, demand, stock holding, importing and price formation. The model is used to estimate changes in consumer...
Tipo: Presentation Palavras-chave: Crop Production/Industries; Marketing.
Ano: 1999 URL: http://purl.umn.edu/123757
Registros recuperados: 33
Primeira ... 12 ... Última
 

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