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	Provedor de dados AgEcon (2) Autor Griffith, Garry R. (2) Malcolm, Bill (2) Slattery, Henry (2) Dunshea, Frank (1) Mounter, Stuart W. (1) Palavra-chave Agribusiness (2) Environmental Economics and Policy (2) Farm Management (2) Livestock Production/Industries (2) Pork (2) Agricultural Finance (1) Australia (1) Change in total surplus (1) Cholesterol (1) Consumer willingness to pay (1) Decision making (1) Demand (1) Demand and Price Analysis (1) Food Consumption/Nutrition/Food Safety (1) Industrial Organization (1) Industry size (1) Industry structure (1) Institutional and Behavioral Economics (1) Marketing (1) New model (1) Mais... Tipo do documento Journal Article (2) Ano 2010 (2) País United States (2) Idioma Inglês (2)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 2 Primeira ... 1 ... Última The benefits to the Australian Pig meat industry from an increase in demand for a hypothetical low cholesterol pork product AgEcon Slattery, Henry; Griffith, Garry R.; Malcolm, Bill; Dunshea, Frank. 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... Tipo: Journal Article 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. Ano: 2010 URL: http://purl.umn.edu/114415 Old model, new problem: when should you update a model and what happens when you do? AgEcon Griffith, Garry R.; Malcolm, Bill; Mounter, Stuart W.; Slattery, Henry. This paper is a summary of some of the considerations involved in applying an existing model to a new problem, in particular in deciding whether to update or not, and some of the issues involved in interpreting the output from the new application. Thus where you start from does influence where you end up. Both change in total surplus and to a lesser extent the distribution of this change in total surplus across sectors, depends on the price and quantity data which is used to define the initial equilibrium, even if elasticity values are the same. So careful consideration should be given to whether an existing model should be updated because updating a model does matter. The final point to restate is that consumers of pig meat end up being the winners from... Tipo: Journal Article Palavras-chave: New model; Old model; Decision making; Change in total surplus; Updating a model; New technologies; Pork; Industry structure; Industry size; Agribusiness; Agricultural Finance; Environmental Economics and Policy; Farm Management; Industrial Organization; Institutional and Behavioral Economics; Livestock Production/Industries; Marketing. Ano: 2010 URL: http://purl.umn.edu/114420 Registros recuperados: 2 Primeira ... 1 ... Última

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