An aggregated trading model is developed for assessing the size and distribution of benefits from research that reduces dark-cutting (DC) beef in Australia. The Australian beef industry has the potential to obtain gross research benefits in the range A$105-133 million per year from a 50% (or 4 percentage point) reduction in the incidence of beef with DC syndrome. The bulk of these benefits accrues to beef producers. The calculated level of benefits gives a guide to the maximum sum that could rationally be spent to obtain the requited reduction in DC.
|Number of pages
|Irish Journal of Agricultural and Food Research
|Published - 1 Jan 1992
- Research (Benefits)