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...

In the past two decades there has been a considerable amount of research conducted into the international price and trade effects of government intervention in the dairy industries of several countries. Recently, the conclusions of those studies have been questioned owing to the rising...

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....

In March 1997, a FMD epidemic broke out in the Taiwan pig industry and within four months some 40 per cent of the pig population was lost to the disease. The demand for pork fell substantially following the outbreak due to food safety concerns by consumers, and this raises the question of...

The demand for organic food products has expanded rapidly in the past decade on a global basis, stimulated by consumer perceptions that organic products are safer, cleaner and more ethical than conventional products. The demand for organic products was estimated to grow at a rate of 15-20 per...