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The efficient operation of livestock markets is contingent upon producers accessing relevant market information which assists adjustment to production and distribution. This article provides an analysis of the value of market information gleaned by producers attending public livestock auctions....
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Organised Australian labour first demonstrated its power in the shearing industry just over 100 years ago. The system of arbitration developed over the last century continues to have a profound impact on agriculture. This article profiles the Australian rural labour market and identifies some...
Persistent link: https://www.econbiz.de/10009398542
The level and nature of competition in supermarket retailing in Australia has been hotly debated as a policy issue in recent times. The creeping acquisitions of smaller groups by Coles and Woolworths have led to several investigations amid claims that consumers will be disadvantaged by the...
Persistent link: https://www.econbiz.de/10009398591
Food demand analysis is dominated by the econometric estimation of demand systems based on aggregate market data and steady progress has been made in analytical techniques. Yet some issues have been neglected in food demand analysis which are crucial for understanding recent consumption trends...
Persistent link: https://www.econbiz.de/10009398596
The present paper surveys various methods used to analyse market power in the retail food industry. The strengths and weaknesses of these approaches are explored and a review of the issues in using New Empirical Industrial Organization (NEIO) and time-series models is provided. The absence of a...
Persistent link: https://www.econbiz.de/10009398610
In this article we analyse trends in the economic performance of the dairy processing industry and evaluate the link between these trends and the deregulation of the industry. Using Stochastic Frontier Analysis to derive Malmquist total factor productivity estimates, we show that the industry...
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