Title

Economic return to quality-enhancing research : the case of dark-cutting beef in Australia

Document Type

Journal article

Source Publication

Irish Journal of Agricultural and Food Research

Publication Date

1-1-1992

Volume

31

Issue

1

First Page

63

Last Page

69

Publisher

TEAGASC

Keywords

Beef, Economics, Research (Benefits)

Abstract

An aggregated trading model is developed for assessing the size and distribution of benefits from research that reduces dark-cutting (DC) beef in Australia. The Australian beef industry has the potential to obtain gross research benefits in the range A$105-133 million per year from a 50% (or 4 percentage point) reduction in the incidence of beef with DC syndrome. The bulk of these benefits accrues to beef producers. The calculated level of benefits gives a guide to the maximum sum that could rationally be spent to obtain the requited reduction in DC.

Language

English

Print ISSN

07916833

E-ISSN

20099029

Publisher Statement

Copyright © 1992 TEAGASC-Agriculture and Food Development Authority. Access to external full text or publisher's version may require subscription.

Full-text Version

Publisher’s Version

Recommended Citation

Voon, T. J. (1992). Economic return to quality-enhancing research: The case of dark-cutting beef in Australia. Irish Journal of Agricultural and Food Research, 31(1), 63-69.

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