Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/6088
Title: An 'Ex Ante' Analysis of the Incidence of Relative Returns from R&D and Promotion Investments in the Australian Sheep and Wool Industries
Contributor(s): Mounter, Stuart  (author)orcid ; Griffith, Garry  (author)orcid ; Piggott, Ronald (author); Fleming, Euan  (author); Zhao, Xueyan (author)
Publication Date: 2009
Handle Link: https://hdl.handle.net/1959.11/6088
Abstract: This paper uses an equilibrium displacement model of the Australian sheepmeat and wool industries to estimate and compare the potential total returns from ten hypothetical research and promotion investments, and their distribution across different sectors of the Australian sheepmeat and wool industries. Information on the distribution of the gains from alternative R&D and promotion investments can assist with policy decisions about how to allocate limited resources among a number of investment options. The efficient investment of research and promotion funds plays an important role in enhancing industry competitiveness. Given the current uncertain market conditions for wool and sheepmeat, Australian sheep and wool producers should naturally be concerned about the returns from such investments, as their levies constitute a large proportion of the funds. The results from this study indicate that Australian sheep and wool producers should receive higher shares of total industry returns from research undertaken at the farm-level than from research undertaken in downstream industry sectors. The results also suggest that, if effective, promotion in export markets should be preferred to promotion in the domestic market.
Publication Type: Journal Article
Source of Publication: International Journal of Sheep and Wool Science, 57(1), p. 62-82
Publisher: University of New England
Place of Publication: Armidale, Australia
ISSN: 1832-8679
0043-7875
Field of Research (FOR): 140201 Agricultural Economics
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
Other Links: http://sheepjournal.net/index.php/ijsws/article/view/684
Statistics to Oct 2018: Visitors: 301
Views: 324
Downloads: 1
Appears in Collections:Journal Article
UNE Business School

Files in This Item:
2 files
File Description SizeFormat 
Show full item record

Page view(s)

192
checked on Mar 3, 2019
Google Media

Google ScholarTM

Check


Items in Research UNE are protected by copyright, with all rights reserved, unless otherwise indicated.