Showing 1 - 10 of 111
This article investigates factors affecting the participation in marijuana, cocaine and heroin using micro-unit data from an Australian national survey on recreational drugs. Accounting for cross-drug correlation potentially induced by unobserved personal characteristics such as individual...
Persistent link: https://www.econbiz.de/10005505647
The data used, and the methods and assumptions fundamental to the development of an equilibrium displacement model (EDM) of the Australian sheep and wool industries specified in Mounter et al. (2007), are contained in this report. The national sheep flock is disaggregated into Merino and...
Persistent link: https://www.econbiz.de/10005511094
Around $100 million has been spent annually on R&D and promotion in the Australian red meat industries in recent years. The R&D investments are made throughout the production, processing and marketing chain in both the grass and grain finished sectors. Promotion investments are made in both...
Persistent link: https://www.econbiz.de/10005511096
Despite continuing controversy, economic surplus concepts have continued to be used in empirical cost-benefit analyses as measures of welfare to producers and consumers. In this paper, the issue of measuring changes in producer and consumer surplus resulting from exogenous supply or demand...
Persistent link: https://www.econbiz.de/10005476545
This paper examines evidence from Australia on the factors associated with binge drinking and several alcohol-related antisocial and unlawful behaviours. In particular, to quantify the negative externalities of excessive alcohol consumption by product type, our primary focus is the link with...
Persistent link: https://www.econbiz.de/10011185922
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/10010897252
A multi-sectoral partial equilibrium model of the markets for two types of Australian grapes and wine (premium and non-premium) is developed to study the aggregate returns from different types of research and promotion investments by the industry and their distribution across actors in the...
Persistent link: https://www.econbiz.de/10010878685
Despite continuing controversy, economic surplus has continued to be used in empirical cost-benefit analyses as a measure of welfare to producers and consumers. In this paper, the issue of measuring changes in producer and consumer surplus resulting from exogenous supply or demand shifts in...
Persistent link: https://www.econbiz.de/10010881437
The island of Bali is one of the main cattle producing areas for Indonesia. Bali is also known for its extensive tourist sector. Frozen and chilled beef are imported to fulfil the tourist demand. This imported beef, most of it from Australia, competes with the local beef in the tourist sector....
Persistent link: https://www.econbiz.de/10010882875
We consider Bayesian estimation of a stochastic production frontier with ordered categorical output, where the inefficiency error is assumed to follow an exponential distribution, and where output, conditional on the inefficiency error, is modelled as an ordered probit model. Gibbs sampling...
Persistent link: https://www.econbiz.de/10010865891