An integrated approach to assessing the farm and market level impacts of new technology adoption in Australian lamb production and marketing systems: The case of large, lean lamb
New technology adoption is an important source of productivity gains in Australia's extensive livestock production systems because of the opportunities it offers producers to achieve sustainable cost reductions. Widespread technology adoption which leads to permanent production increases can be...
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Veröffentlicht in: | Agricultural systems 1995, Vol.47 (2), p.175-198 |
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creator | Griffith, G.R. Vere, D.T. Bootle, B.W. |
description | New technology adoption is an important source of productivity gains in Australia's extensive livestock production systems because of the opportunities it offers producers to achieve sustainable cost reductions. Widespread technology adoption which leads to permanent production increases can be expected to have industry-wide effects because of the competitive nature of the Australian livestock industries. Assessing the potential economic benefits of new technology adoption therefore requires the use of a model which considers both the farm and market components of these industries. This paper describes the development of such a model and its
ex-ante application in assessing the benefits of a new technology programme in Australian lamb production. Based on parameters derived from the model's farm and market level components, the introduction of this technology was found to offer significant annual benefits to both Australian lamb producers and lamb consumers (of between $4 and $30 million) according to several assumed market scenarios for the product. |
doi_str_mv | 10.1016/0308-521X(94)P4410-4 |
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title | An integrated approach to assessing the farm and market level impacts of new technology adoption in Australian lamb production and marketing systems: The case of large, lean lamb |
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