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An Appraisal Of A Buffer Fund Scheme For Beef

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  • Parton, Kevin A.

Abstract

A buffer fund scheme has been proposed as a means of stabilizing producer revenue in the Australian beef industry. In this paper the economic consequences of such a policy are evaluated and the conditions under which the scheme would be successful in achieving its principal aim are indicated. In addition to effects on the stability of producer revenue, consequences of the policy for total producer revenue and its distribution among producers are indicated. Finally, the effects on consumers, at home and abroad, and taxpayers are estimated.

Suggested Citation

  • Parton, Kevin A., 1978. "An Appraisal Of A Buffer Fund Scheme For Beef," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 22(01), pages 1-13, April.
    • Handle: RePEc:ags:ajaeau:22491
    DOI: 10.22004/ag.econ.22491
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    References listed on IDEAS

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    1. John W. Freebairn & Fred H.G. Gruen, 1977. "Marketing Australian Beef And Export Diversification Schemes," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 21(1), pages 26-39, April.
    2. Parton, Kevin A., . "A Note On Domestic Levy Policy For Beef," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 45(01-2), pages 1-6.
    3. Gerald W. Dean & Norman R. Collins, 1966. "Trade and Welfare Effects of EEC Tariff Policy: A Case Study of Oranges," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(4_Part_I), pages 826-846.
    4. Currie, John Martin & Murphy, John A & Schmitz, Andrew, 1971. "The Concept of Economic Surplus and its Use in Economic Analysis," Economic Journal, Royal Economic Society, vol. 81(324), pages 741-799, December.
    5. Griffith, Garry R., 1974. "Sydney Meat Marketing Margins - An Econometric Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(04), pages 1-17, December.
    6. Tweeten, Luther G. & Tyner, Fred H., 1966. "The Utility Concept of Net Social Cost--A Criterion for Public Policy," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 18(02), pages 1-10, April.
    7. C. D. Throsby, 1974. "A Quarterly Econometric Model of the Australian Beef Industry," The Economic Record, The Economic Society of Australia, vol. 50(2), pages 199-217, June.
    8. repec:bla:ecorec:v:50:y:1974:i:130:p:199-217 is not listed on IDEAS
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    Cited by:

    1. Zhao, Xueyan & Mullen, John D. & Griffith, Garry R. & Griffiths, William E. & Piggott, Roley R., 2000. "An Equilibrium Displacement Model of the Australian Beef Industry," Research Reports 28007, New South Wales Department of Primary Industries Research Economists.
    2. Geoff W. Edwards, 1987. "Agricultural Policy Debate: A Survey," The Economic Record, The Economic Society of Australia, vol. 63(2), pages 129-143, June.

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