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Distribution of Research Gains in Multistage Production Systems: A General Equilibrium Analysis of Wool
Verikios, George - Australian Agricultural and Resource Economics Society … - 2006
a multistage production system: wool. Our results do not support FDE’s conclusions with regard to the distribution of …
Persistent link: https://www.econbiz.de/10010914823
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A General Equilibrium Model of the World Wool Market
Verikios, George - Department of Economics, Business School - 2006
This paper presents the theoretical and numerical structure of WOOLGEM – a general equilibrium model of the world wool … market which treats raw wool, wool textiles and wool garments as heterogeneous commodities. The model divides the world wool … represent different production stages for wool and one representing the nonwool economy. The wool industrial sectors cover the …
Persistent link: https://www.econbiz.de/10005549275
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Modelling the World Wool Market: A Hybrid Approach
Verikios, George - Department of Economics, Business School - 2007
We present a model of the world wool market that merges two modelling traditions: the partialequilibrium commodity …-specific approach and the computable general-equilibrium approach. The model captures the multistage nature of the wool production … system, and the heterogeneous nature of raw wool, processed wool and wool garments. It also captures the important wool …
Persistent link: https://www.econbiz.de/10008539810
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Imperfect competition, functional forms, and the size and distribution of research benefits
Alston, Julian M.; Sexton, Richard J.; Zhang, Mingxia - In: Agricultural Economics of Agricultural Economists 21 (1999) 2
The effects of functional forms for supply and demand on the size and distribution of the returns to research are examined under a range of forms of competition. Under perfect competition, the choice of functional form is relatively unimportant for the estimation of research benefits. Under...
Persistent link: https://www.econbiz.de/10011069263
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Measuring research benefits in an imperfect market: second comment
Holloway, Garth John - In: Agricultural Economics of Agricultural Economists 22 (2000) 2
This note generalizes a finding about the necessary and sufficient conditions for research to generate greater benefits in the presence of distortions and highlights a significant source of bias in conventional cost-benefit calculations. © 2000 Elsevier Science B.V. All rights reserved.
Persistent link: https://www.econbiz.de/10011069357
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The Value of Powdery Mildew Resistance in Grapes: Evidence from California
Fuller, Kate B.; Alston, Julian M.; Sambucci, Olena - Robert Mondavi Institute Center for Wine Economics, … - 2014
Powdery mildew (PM) is a fungal disease that damages many crops, including grapes. In California, wine, raisin, and table grapes contributed over $3.8 billion to the value of California’s farm production in 2011 (California Department of Food and Agriculture, 2012). Grape varieties with...
Persistent link: https://www.econbiz.de/10011069679
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Application of Taguchi method to analyse the impacts of common process and batch size in multistage production system under uncertain conditions
Wazed, Md. Abdul; Ahmed, Shamsuddin; Nukman, Yusoff - In: European Journal of Industrial Engineering 5 (2011) 2, pp. 215-231
The work desires: 1) to determine the optimum level of batch size in bottleneck facility; 2) to analyse the effect of common processes on throughput and cycle time in a multistage production system under machine breakdown and quality uncertainty. In this research, the authors developed...
Persistent link: https://www.econbiz.de/10009352924
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A Structural Model of the World Wool Market
Layman, B.D. - Australian Agricultural and Resource Economics Society … - 1999
This paper summarises the development, structure and data sources of the Western Australian World Wool Model. The model … is a comparative static, partial equilibrium model of the world wool market. The technique used for the model is applied … feature of the model is that raw wool is broken down into 9 different qualities, which determine the end use of the wool. The …
Persistent link: https://www.econbiz.de/10010908394
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Variations in regional productivity in Australian wool production
Villano, Renato A.; Fleming, Euan M.; Fleming, Pauline - In: AFBM Journal 09 (2012) 2
We estimate total factor productivity in wool production spatially across benchmarked farms in four climatic areas in … variations in production technologies used in the wool enterprise. Significant gaps are found to exist between areas but they are … relatively small in magnitude, emphasising the adaptability of the wool enterprise to environmental variability. Technical …
Persistent link: https://www.econbiz.de/10010914213
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Selling raw wool by forward contract: A qualitative analysis of the pros and cons
Jackson, Elizabeth; Quaddus, Mohammed; Islam, Nazrul; … - Australian Agricultural and Resource Economics Society … - 2006
Australian farmers have been warned of increases in wool auction price fluctuations since 2000 (Kingwell), yet 85% of … producers continue to sell their wool on the highly volatile, open-cry auction system (Bolt 2004). It has been suggested that … gather the opinions of wool producers to assess why this selling method, despite its advantages, is over-shadowed by the …
Persistent link: https://www.econbiz.de/10010914813