Showing 1 - 10 of 66
The objective of this study is to define in the cost minimizing sense the optimum size and location for beef slaughter plants in the Eastern Central Queensland region. The plant location model used for this purpose is a modified transhipment formulation. It is applied to both a long run...
Persistent link: https://www.econbiz.de/10005330524
General equilibrium models of Canada/US free trade have produced a wide range of predictions of the impact on the Canadian economy. This paper analyses the models from an 'industrial organisation' perspective, focusing on differences in assumptions about market elasticities and pricing...
Persistent link: https://www.econbiz.de/10005330591
This paper derives a family of multiple-output multiple-input production functions from the underlying technologies. These technologies are represented by average yield functions for each of the commodities (crops) produced from a common pool of resources. The production functions are implicitly...
Persistent link: https://www.econbiz.de/10005330594
Theoretical problems involved in the reconciliation of the assumption of constant returns to scale with determinacy of firm size are discussed with particular reference to Australian farms. Various techniques for examining changes in the size distribution of firms are examined and their use...
Persistent link: https://www.econbiz.de/10005805627
Economics of size is an important but relatively neglected aspect of Australian agriculture. The theory and methodology for analysis of economics of size are summarized and a survey made of evidence for Australian agricultural industries. The conclusion is reached that economies of size exist,...
Persistent link: https://www.econbiz.de/10005493213
The nature of the small-farm problem in Australia is discussed from a welfare point of view. The situation is examined industry by industry where data are available. It is suggested that while the average level of farm income in Australia compares well with non-agricultural earnings, there are...
Persistent link: https://www.econbiz.de/10005525531
The presence or absence of structural change in meat demand is critical to marketing decision making. If change is … present, marketing bodies need to know what underlies the change so that the most appropriate response can be identified …. Marketing theory is considered as a possible source of more explicit models of demand which may lead to a better understanding …
Persistent link: https://www.econbiz.de/10005220704
Basis risk can play a significant role in the determination of effective hedging strategies. In this paper a portfolio framework is developed to examine the effect of basis risk on hedging strategies for Australian wheat exports. Monthly data for the period 1977 to 1984 were used to implement...
Persistent link: https://www.econbiz.de/10005220705
Persistent link: https://www.econbiz.de/10005220709
The potential effects of a uniform meat grading scheme on market performance are evaluated in terms of a change in the information state. A uniform grading system may reduce the per unit costs involved in the collection and transmission of information on the characteristics of, and the price...
Persistent link: https://www.econbiz.de/10005220720