Data/hora: 02/06/2024 13:17:13

Provedor de dados: 	31	
País: 	United States	
Título: 	The benefits to the Australian Pig meat industry from an increase in demand for a hypothetical low cholesterol pork product	
Autores: 	Slattery,   Henry; Griffith,   Garry R.; Malcolm,   Bill; Dunshea,   Frank.	
Data: 	2011-09-01	
Ano: 	2010	
Palavras-chave: 	Cholesterol; Pork; Australia; Consumer willingness to pay; Demand; Agribusiness; Demand and Price Analysis; Environmental Economics and Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Production Economics.	
Resumo: 	This is the third of a series of papers examining the potential economic effects from the introduction of a hypothetical low cholesterol pork product into the Australian market. Here, a newly updated pig meat model reported by Griffith et al. (2010) is used to model the industry wide impacts of the Bellhouse et al. (2010) survey results on consumer willingness to pay for this new pork product. Six different scenarios are examined that are combinations of a 10, 20 or 30 per cent increase in consumer demand, with and without a 10 per cent increase in the costs of producing the more valuable pork. The simulation results for the various scenarios indicate total annual industry benefits of some $450m for an increase in aggregate willingness to pay of 30 per cent and no cost increase, down to $88m for an increase in aggregate willingness to pay of 10 per cent and a 10 per cent cost increase. Australian consumers receive about 80 per cent of total benefits, pork producers receive about 7-8 per cent and all other market participants together receive about 12-13 per cent. These values provide a guide to the size of the annual investment that could be justified by pork producers to produce a pig that is low in cholesterol.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	1442-6951

http://purl.umn.edu/114415	
Relação: 	Australasian Agribusiness Review&gt;Volume 18, 2010

Volume 18

Paper 9	
Formato: 	9