Zhao, X.; Mullen, J.D.; Griffith, G.R.; Piggott, R.R.; … - Department of Econometrics and Business Statistics, … - 2002
The issue of the relative returns to farmers from R&D and promotion is examined using a multi-sectoral equilibrium displacement model of the Australian beef industry. Total economic surplus changes and their distributions among various industry groups resulting from 1% cost reductions in various...