Data/hora: 01/06/2024 13:25:53

Provedor de dados: | 31
País: | United States
Título: | Measuring the Impact of Staple Strength-Enhancing Technologies on Australian Wool Producer Profits: A Duality-Based Approach
Autores: | Templeton,   Deborah J.; Griffith,   Garry R.; Piggott,   Roley R.; O'Donnell,   Christopher J.
Data: | 2005-05-18
Ano: | 2004
Palavras-chave: | Profit function approach; Research evaluation; Wool; Staple strength; Economic analysis; Livestock Production/Industries; Productivity Analysis.
Resumo: | 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 consistent with the theoretical restrictions that arise as a result of assuming profit maximization, ensuring that the welfare calculations are unambiguous.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

16558

http://purl.umn.edu/12922

Editor: | AgEcon Search

Relação:

University of New England&gt;School of Economics&gt;Working Papers

Working Paper 2004-5

Formato:

44

application/pdf