Measuring research benefits from a reduction of pale, soft and exudative pork in Australia
Document Type
Journal article
Source Publication
Journal of Agricultural Economics
Publication Date
5-1-1991
Volume
42
Issue
2
First Page
180
Last Page
183
Publisher
Wiley-Blackwell Publishing Ltd.
Abstract
In this paper, a closed-economy model is developed for evaluating the size and the distribution of benefits from research that lowers the mean incidence of pork with pale, soft and exudative (PSE) syndrome. The major finding is that the Australian pig industry has the potential to derive gross research benefits of about A$7 million per year from a one percentage point reduction in the incidence of pork with PSE conditions. About 85 per cent of the total research benefits accrue to pork producers. The implication is that it is profitable for pork producers to invest large sums in order to reduce PSE syndrome in pork.
DOI
10.1111/j.1477-9552.1991.tb00346.x
Print ISSN
0021857X
E-ISSN
14779552
Publisher Statement
Copyright © 1991 Journal of Agricultural Economics. Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Voon, J. P. (1991). Measuring research benefits from a reduction of pale, soft and exudative pork in Australia. Journal of Agricultural Economics, 42(2), 180-183. doi: 10.1111/j.1477-9552.1991.tb00346.x