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Measuring Research Benefits From A Reduction Of Pale, Soft And Exudative Pork In Australia

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  • J. P. Voon

Abstract

In this paper, a closed‐economy model is developed for evaluating the size and the distribution of benefits from research that lowers the mean incidence of pork with pale, soft and exudative (PSE) syndrome. The major finding is that the Australian pig industry has the potential to derive gross research benefits of about A$7 million per year from a one percentage point reduction in the incidence of pork with PSE conditions. About 85 per cent of the total research benefits accrue to pork producers. The implication is that it is profitable for pork producers to invest large sums in order to reduce PSE syndrome in pork.

Suggested Citation

  • J. P. Voon, 1991. "Measuring Research Benefits From A Reduction Of Pale, Soft And Exudative Pork In Australia," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(2), pages 180-183, May.
  • Handle: RePEc:bla:jageco:v:42:y:1991:i:2:p:180-183
    DOI: 10.1111/j.1477-9552.1991.tb00346.x
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    References listed on IDEAS

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    1. Richardson, Robert A. & O'Connor, J.G., 1978. "Changes in the Structure of Supply Response in the Australian Pig Industry," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 46(03), pages 1-18, December.
    2. Hill, Janet R., 1968. "The Capacity Of The N.S.W. Pig Market To Absorb Possible Increases In North Coast Pig Production," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 12(2), pages 1-7, December.
    3. Voon, Thomas Jan P. & Edwards, Geoff W., 1990. "Research Payoffs from Quality Improvement: The Case of Backfat Depth in Pig Carcasses," 1990 Conference (34th), February 13-15, 1990, Brisbane, Australia 145445, Australian Agricultural and Resource Economics Society.
    4. Janet R. Hill, 1968. "The Capacity Of The N.S.W. Pig Market To Absorb Possible Increases In North Coast Pig Production," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 12(2), pages 35-41, December.
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    Cited by:

    1. Ambarawati, I Gusti Agung Ayu & Zhao, Xueyan & Griffith, Garry R. & Piggott, Roley R., 2003. "Distribution of Gains from Cattle Development in a Multi-Stage Production System: The Case of the Bali Beef Industry," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57829, Australian Agricultural and Resource Economics Society.
    2. Salayo, Nerissa D., 2000. "Investment Opportunities for the Shrimp Processing Industry in the Philippines: Results from a Hedonic Analysis," Discussion Papers DP 2000-12, Philippine Institute for Development Studies.
    3. Voon, Thomas Jan P., 1996. "Evaluating Quality Improvement in Nonhomogeneous Agricultural Commodities: The Case of Australian Beef," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 64(02), pages 1-7, August.
    4. Devadoss, S. & Araji, A. A., 1993. "Impacts 0F Breeding And Crop Management Research In Classes Of Wheat On Economic Returns And Exports," A.E. Research Series 305100, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    5. Griffith, Garry R. & Rodgers, Heidi & Thompson, John M. & Dart, Cameron, 2009. "The aggregate economic benefits to 2007/08 from the adoption of meat standards Australia," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 17, pages 1-22.
    6. Griffith, Garry R. & Thompson, John M., 2012. "The aggregate economic benefits to the Australian beef industry from the adoption of meat standards Australia: updated to 2010/11," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 20, pages 1-28.

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    2. Voon, Thomas Jan P. & Edwards, Geoff W., 1990. "Research Payoffs from Quality Improvement: The Case of Backfat Depth in Pig Carcasses," 1990 Conference (34th), February 13-15, 1990, Brisbane, Australia 145445, Australian Agricultural and Resource Economics Society.
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