Economic return to quality-enhancing research : the case of dark-cutting beef in Australia
Irish Journal of Agricultural and Food Research
Beef, Economics, Research (Benefits)
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.
Copyright © 1992 TEAGASC-Agriculture and Food Development Authority. Access to external full text or publisher's version may require subscription.
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.