The Returns To Investment In Research On Australian Wool Production
A production function approach is used to estimate growth in farm productivity in the Australian wool industry from an estimated level of expenditure on wool production R & D. A market equilibrium model of the wool industry is then used to measure the share of total benefits from this productivity growth accruing to Australia and its wool growers. A net return is estimated after allowing for lags in the development and adoption of technology.
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Volume (Year): 35 (1991)
Issue (Month): 2 (August)
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- Pardey, Philip G., 1986. "Public sector production of agricultural knowledge," Faculty Theses and Dissertations 121800, University of Minnesota, Department of Applied Economics.
- John D. Mullen & Julian M. Alston & Michael K. Wohlgenant, 1989.
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- Mullen, John D. & Alston, Julian M. & Wohlgenant, Michael K., 1989. "The Impact Of Farm And Processing Research On The Australian Wool Industry," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 33(01), April.
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