Updating and Recalibrating Equilibrium Displacement Models of the Australian Livestock Industries: Pig Meat

Author(s)
Zhang, Yue
Mounter, Stuart
Griffith, Garry
Publication Date
2018
Abstract
<p>In this paper, we report on a recent update of an equilibrium displacement model of the Australian pig meat industry. New price and quantity data for the period 2012-2016 are described and compared to values used in two previous versions of the model. Elasticity parameters are kept the same. Then two hypothetical simulations are run, one for a farm productivity improvement and one for a consumer demand expansion, and the results of these simulations are reported and compared with identical simulations previously reported for the earlier versions of the model.</p>
Citation
Australasian Agribusiness Review, v.26, p. 68-81
ISSN
1833-5675
1442-6951
1320-0348
Link
Publisher
University of Melbourne
Title
Updating and Recalibrating Equilibrium Displacement Models of the Australian Livestock Industries: Pig Meat
Type of document
Journal Article
Entity Type
Publication

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