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extent of adoption of a set of new practices. A lexicographic utility framework is then developed to analyse the interaction … between household goals and technology adoption. The results highlight the importance of closely considering goals of …
Persistent link: https://www.econbiz.de/10005480425
Considerable resources in the beef industry have recently been devoted to the establishment of a system of product description. A prerequisite for the success of any such system is the objective determination of consumer preferences. The trial outlined in this paper was aimed at determining...
Persistent link: https://www.econbiz.de/10005327602
The conceptual bases for project evaluation, the use of Hicksian consumer's surplus concepts of value, and the implementation of the currently accepted techniques for valuing non-marketed goods and services, are developed in some detail. While the primary focus is on partial equilibrium analysis...
Persistent link: https://www.econbiz.de/10005327679
Few issues of economic development arouse such deep emotions or controversies as the role of the foreign sector. Most orthodox economists believe that foreign aid, investment, technology and transnational corporations (TNC) are important contributory factors to economic development. On the other...
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Estimates of total factor productivity in the meat processing industry in Queensland over the period 1968-69 to 1980-81 are provided, There was no overall improvement in productivity over this period, notwithstanding a decade of new investment during which the real value of the capital stock...
Persistent link: https://www.econbiz.de/10005522671
The Lau and Yotopoulos restricted profit function methodology for testing for differences in economic efficiency and its components of allocative and technical efficiency is applied to data from grazing properties in the High Rainfall Zone of New South Wales. Tests are made on the basis of...
Persistent link: https://www.econbiz.de/10005522684