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The incidence of gains and taxes associated with R&D and promotion in the Australian beef industry
Author(s) -
Zhao Xueyan,
Mullen John,
Griffith Garry,
Piggott Roley,
Griffiths William
Publication year - 2003
Publication title -
agribusiness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.57
H-Index - 43
eISSN - 1520-6297
pISSN - 0742-4477
DOI - 10.1002/agr.10063
Subject(s) - econlit , promotion (chess) , agribusiness , marketing , business , agricultural science , economics , agricultural economics , agriculture , political science , geography , environmental science , medline , archaeology , politics , law
Abstract This article reports the incidence on cattle producers, feedlotters, processors, marketers, and domestic and overseas consumers of benefits and levies associated with 12 alternative research and promotion options using a partial equilibrium displacement model (EDM) of the Australian beef industry. The results showed that, in terms of their share of total industry benefits, cattle producers would prefer farm research to off‐farm research; export marketing research and promotion to domestic marketing and promotion; and farm research to domestic (but not export) promotion. The article has also explored some of the methodological issues associated with the detailed modeling of a multifaceted industry. Despite the high level of disaggregation, we found EDM to be a useful methodology. [EconLit citations: Q13, Q16, Q18]. © 2003 Wiley Periodicals, Inc. Agribusiness 19: 333–344, 2003.