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The Impact of Farm and Processing Research on the Australian Wool Industry*

Year: 1989

Type: article

Abstract: An equilibrium displacement model of the world wool top industry is used to estimate the returns to the Australian wool industry from productivity improvements in farm production, in top making and in textile manufacturing. The returns to the industry from these different types of research and development are sensitive to the extent of substitution possibilities between Australian wool and other inputs used by the wool processing and textile industries but it appears that research resources have to be much more efficient in off‐farm activities for the Australian wool industry to receive benefits similar to those from farm research activities.

Source: Australian Journal of Agricultural Economics

DOI: 10.1111/j.1467-8489.1989.tb00479.x

Authors: John D. Mullen, Julian M. Alston, Michael K. Wohlgenant

Institutions: North Carolina State University, University of California, Davis

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

SDGs: Decent work and economic growth, Zero hunger

Open Access status: bronze

OpenAlex ID: W2076905933

FWCI: 12.42

Cites: 8

Cited by: 71

Related to: 10