Abstract
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.
| Original language | English |
|---|---|
| Pages (from-to) | 63-69 |
| Number of pages | 7 |
| Journal | Irish Journal of Agricultural and Food Research |
| Volume | 31 |
| Issue number | 1 |
| Publication status | Published - 1 Jan 1992 |
| Externally published | Yes |
Keywords
- Beef
- Economics
- Research (Benefits)