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Estimating Distributional Impacts of an Innovation Across Sectors in an Industry: A case study of the Australian wool industry

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  • Collins, David J.
  • Davidson, Brian

Abstract

In this paper an approach that can be used to determine the distribution of a productivity gain on an industry is detailed. In particular, the model developed in this paper extends earlier evaluations by emphasising the crucial role of substitution between inputs across different participants in the supply chain. Crucial to any analysis of an industry are the estimates of the elasticity's of derived demand at each stage and how it changes, as the product is further refined. The wool industry is used to illustrate the effects of an innovation across sectors.

Suggested Citation

  • Collins, David J. & Davidson, Brian, 2004. "Estimating Distributional Impacts of an Innovation Across Sectors in an Industry: A case study of the Australian wool industry," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58395, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare04:58395
    DOI: 10.22004/ag.econ.58395
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    References listed on IDEAS

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    3. John D. Mullen & Julian M. Alston & Michael K. Wohlgenant, 1989. "The Impact Of Farm And Processing Research On The Australian Wool Industry," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 33(1), pages 32-47, April.
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    5. Piggott, Roley R., 1992. "Some Old Truths Revisited," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 36(2), pages 1-24, August.
    6. J. W. Freebairn & J. S. Davis & G. W. Edwards, 1982. "Distribution of Research Gains in Multistage Production Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(1), pages 39-46.
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    Agribusiness; Production Economics;

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