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Martin, S.K.; Zwart, A.C.. |
Increasing importance is being attached to market segmentation strategies as a means of increasing producer returns. In this paper, a generalised model of price discrimination without supply control is developed to analyse the implications of optimal segmentation strategies for non-homogeneous products. It is shown that the magnitude of producer returns is dependent on demand and supply conditions, with increases in returns falling as price elasticities of demand and supply increase. The model is applied to the New Zealand sheep meats industry to reveal that returns to producers from market segmentation strategies could be quite low in the long run. |
Tipo: Journal Article |
Palavras-chave: Marketing. |
Ano: 1987 |
URL: http://purl.umn.edu/22271 |
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Angel, C.; Beare, Stephen; Zwart, A.C.. |
The physical characteristics of wool are important determinants of its spinning properties, yarn quality and end use. The degree to which wools from different countries of origin may be substituted has important implications for the domestic marketing policies of Australia and New Zealand. The hypothesis examined in this paper is that the differences in wool prices can be explained by differences in the physical characteristics of the wool and that objective measures of these characteristics allow for effective arbitrage between these markets. The alternative hypothesis is that premiums or discounts exist owing to country of origin. A hedonic price analysis was conducted on wool prices in Australia and New Zealand using a balanced sample of sale lot data... |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Marketing. |
Ano: 1990 |
URL: http://purl.umn.edu/22501 |
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Sandrey, Ronald A.; Zwart, A.C.. |
A mathematical decision model is used to examine producers' decisions in selecting the optimum slaughter age for domestic deer and the subsequent impact of these decisions on aggregate stock numbers. Under current returns from velvet, producers are shown to be rational in keeping both male (stags) and female (hinds) animals in the herd until they approach their maximum biological age. A reduction in returns from velvet of 66% is needed to alter this age significantly for males. Data from the optimum slaughter age decision are used to project medium-term future venison production and herd numbers. The unique features of attempting to project future supplies in a newly developed livestock industry are discussed. |
Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
Ano: 1986 |
URL: http://purl.umn.edu/32537 |
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