An equilibrium displacement model of the Australian lamb industry was used to estimate the changes in economic surplus to the producers, processors and consumers of lamb from an increase in the proportion of total production meeting the criteria for Elite lamb. This change in the nature of the...

An equilibrium displacement model of the world wool top industry is used to estimate the returns to the Australian wool industry from productivity improvements in farm production, in top making and in textile manufacturing. The returns to the industry from these different types of research and...

A production function approach is used to estimate growth in farm productivity in the Australian wool industry from an estimated level of expenditure on wool production R & D. A market equilibrium model of the wool industry is then used to measure the share of total benefits from this...