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Commodity levies are used increasingly to fund producer collective goods such as research and promotion. In the present paper we examine theoretical relationships between producer and national benefits from levy-funded research, and consider the implications for the appropriate rates of matching...
Persistent link: https://www.econbiz.de/10005658936
A model of the Australian orange growing industry to explain changes in plantings, removals, the number and age composition of trees and orange production is developed and estimated. Most of the variation in plantings is explained by the expected profitability of growing oranges, the current...
Persistent link: https://www.econbiz.de/10005805548
Persistent link: https://www.econbiz.de/10010542844
Profits from generic advertising by a producer group often come partly at the expense of producers of closely related commodities. The resulting tendency toward excessive advertising is exacerbated by check-off funding. To analyze this beggar-thy-neighbor behavior we compare a scenario where...
Persistent link: https://www.econbiz.de/10009392700
Commodity levies are used increasingly to fund producer collective goods such as research and promotion. In the present paper we examine theoretical relationships between producer and national benefits from levy‐funded research, and consider the implications for the appropriate rates of...
Persistent link: https://www.econbiz.de/10009398541
Producer profit‐maximising rules for generic commodity advertising programs and associated funding levies are derived. Lump‐sum, per unit and ad valorem levies, and government subsidy funding arrangements are compared and contrasted. The initial single‐product competitive market model is...
Persistent link: https://www.econbiz.de/10009398718
Agricultural commodity taxes, called check-offs, are used to finance promotion, research, and other activities that can be regarded as industry collective goods. The collection of the check-offs and the programs they are used to fund have implications for the welfare of consumers, other...
Persistent link: https://www.econbiz.de/10008570578
A least squares estimator for utilizing forthcoming information to update or revise estimates of the parameters of an econometric model is derived, some properties of the updated estimates are discussed, and an illustrative application is provided. The forthcoming information includes new sample...
Persistent link: https://www.econbiz.de/10005522608
Persistent link: https://www.econbiz.de/10005480505
This paper reviews the literature on the production, dissemination and use made of market outlook information for agricultural commodities. It focuses on the requirements and demand for market outlook information, the level of accuracy of information currently available, of future prospective...
Persistent link: https://www.econbiz.de/10005480556