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A decision theoretic approach to agricultural policy decision making is examined to discover whether a utility function of an Australian Wool Corporation decision maker can be established and, if so, whether this can be used to improve the policy analysing performance of an agricultural sector...
Persistent link: https://www.econbiz.de/10005493216
This paper investigates significant forces that affect away-from-home (AFH) meat consumption in China. Multivariate Tobit models were used to analyze a set of survey data from 340 households in Jiangsu, Shandong, Inner Mongolia, Liaoning, and Sichuan Provinces in 2005. AFH meat consumption...
Persistent link: https://www.econbiz.de/10011200516
Persistent link: https://www.econbiz.de/10010911106
In the past China has been self-sufficient in beef products, but, with a dramatic increase in consumer spending on food, demand for beef, which is seen as a novel and nutritious food, has grown. By employing a partial equilibrium model and sensitivity analysis under different scenarios, this...
Persistent link: https://www.econbiz.de/10010923366
Persistent link: https://www.econbiz.de/10009368688