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

Title
Updating and Recalibrating Equilibrium Displacement Models of the Australian Livestock Industries: Pig Meat
Publication Date
2018
Author(s)
Zhang, Yue
( author )
OrcID: https://orcid.org/0000-0002-0620-5766
Email: zyue@une.edu.au
UNE Id une-id:zyue
Mounter, Stuart
( author )
OrcID: https://orcid.org/0000-0001-6637-3756
Email: smounte2@une.edu.au
UNE Id une-id:smounte2
Griffith, Garry
( author )
OrcID: https://orcid.org/0000-0002-5276-6222
Email: ggriffit@une.edu.au
UNE Id une-id:ggriffit
Type of document
Journal Article
Language
en
Entity Type
Publication
Publisher
University of Melbourne
Place of publication
Australia
UNE publication id
une:1959.11/58205
Abstract

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.

Link
Citation
Australasian Agribusiness Review, v.26, p. 68-81
ISSN
1833-5675
1442-6951
1320-0348
Start page
68
End page
81

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