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Layman, B.D.. |
This paper summarises the development, structure and data sources of the Western Australian World Wool Model. The model is a comparative static, partial equilibrium model of the world wool market. The technique used for the model is applied general equilibrium (AGE) modelling. Western Australia is separated from the rest of Australia as a production region. A key feature of the model is that raw wool is broken down into 9 different qualities, which determine the end use of the wool. The construction of a database containing these wool qualities is detailed. Potential uses for the model are outlined, and results are compared and contrasted with earlier structural models of the world wool market. Finally, advantages and disadvantages of the approach taken... |
Tipo: Presentation |
Palavras-chave: Wool; Value chain modelling; Processing research.; Marketing. |
Ano: 1999 |
URL: http://purl.umn.edu/123691 |
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Radhakrishnan, Manju; Islam, Nazrul; Ward, Glynn. |
Evaluations of public sector agricultural research and development (R&D) often focus on farm level benefits. Flow-on benefits that accrue to other sectors such as processing and marketing typically are ignored. This paper however includes these benefits. Using the Western Australian wine industry as an example this paper highlights the relative importance of farm and flow-on benefits generated by farm-level R&D. A wine industry value chain model is used to measure these benefits. The benefits per dollar of R&D investment are found to be $2.8 at the farm level compared to $14.9 when flow-on benefits are taken into account. In this case, solely reporting farm level benefits hugely understates the returns to the R&D investment. The R&D... |
Tipo: Conference Paper or Presentation |
Palavras-chave: R&D investment; Benefit cost analysis; Value chain modelling; Wine.. |
Ano: 2009 |
URL: http://purl.umn.edu/48169 |
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