Showing 1 - 9 of 9
The paper presents estimates of price elasticities of demand for twelve disaggregated alcohol beverages in Australia: premium beer, full strength beer, low alcohol beer, and mid strength beer; red bottled wine, white bottled wine, sparkling wine, cask wine, and dark and light ready-to-drink...
Persistent link: https://www.econbiz.de/10010958953
In the case of input demand systems based on specification of technology by a Translog cost function, it is common to estimate either a system of share equations alone, or to supplement them by the cost function. By adding up, one of the share equations is excluded. In this paper it is argued...
Persistent link: https://www.econbiz.de/10004965211
In 2001, $13 million were invested in various grape and wine R&D programs via the Australian Grape and Wine Research and Development Corporation. Half of the funds come from compulsory levies from grape-growers and winemakers, and the other half from Commonwealth government matching grants....
Persistent link: https://www.econbiz.de/10005581118
Data for discrete ordered random variables are often characterised by "excessive" zero observations. Traditional ordered probit models have limited capacity in explaining the preponderance of zero observations, especially when the zeros may relate to two distinct situations of non-participation...
Persistent link: https://www.econbiz.de/10005149026
We compare adverse event rates for surgical inpatients across 36 public hospitals in the state of Victoria, Australia, conditioning on differences in patient complexity across hospitals. We estimate separate models for elective and emergency patients which stay at least one night in hospitals,...
Persistent link: https://www.econbiz.de/10008599213
Adverse events in hospitals cause significant morbidity and mortality, and considerable effort has been invested into analysing their incidence and preventability. An unresolved issue in models of medical adverse events is potential endogeneity of length of stay (LOS): whilst the probability of...
Persistent link: https://www.econbiz.de/10008599214
The stochastic frontier model used for continuous dependent variables is extended to accommodate output measured as a discrete ordinal outcome variable. Conditional on the inefficiency error, the assumptions of the ordered probit model are adopted for the log of output. Bayesian estimation...
Persistent link: https://www.econbiz.de/10008599216
The recent debate on alcohol tax reform and recommendations from the Henry Tax Review in Australia have highlighted the need for quantifying externalities of excessive alcohol consumption by beverage types. This paper presents micro-level information from the Australian National Drug Strategy...
Persistent link: https://www.econbiz.de/10008463067
The issue of the relative returns to farmers from R&D and promotion is examined using a multi-sectoral equilibrium displacement model of the Australian beef industry. Total economic surplus changes and their distributions among various industry groups resulting from 1% cost reductions in various...
Persistent link: https://www.econbiz.de/10005581104