In this paper the benefits of B. bovis vaccination are valued, and the decrease in expenditure on the diagnosis and treatment of disease determined and valued. The costs associated with the B. bovis vaccination program are then identified, quantified and valued. The effect of changes in disease...

This paper initially outlines the effects diseases can have on livestock production then describes the development of a method to estimate the production loss avoided due to the control of a disease by vaccination. The method involves estimation of individual production loss due to disease and...

This article concentrates on the global location of production of television receivers as a case study. The aim is to see if this accords with Vernon’s international product cycle theory or whether some modifications of the theory are required. The historical evolution of the global television...

This paper presents a unified treatment of the production and financial decisions available to a firm facing frictionless financial markets and a stochastic production technology under minimal assumptions on the firm's stochastic technology and objective function. The specific focus is on...

Recent developments in the global system of cities present a curious paradox. With the cost of communications declining almost to zero and substantial, though less dramatic reductions in transport costs, there is now little technical requirement for most kinds of production to be undertaken in...

While most textbooks in managerial economics now give some coverage to business learning, and this is to be welcomed, their coverage of business learning is limited to a consideration of increases in productivity or cost reductions. Supply-side bias exists. The coverage of leading texts is...

Growing economic globalisation (a means of market extension) may increase the economic vulnerability of firms in modern industries, especially those in which firms experience substantial economies of scale. The possibility is explored that globalisation activates competitive pressures that...

Small countries, such as Pacific islands countries (PICs), vary considerably in the extent and in the ways in which they are linked to the global economy. Particularly within PICs, households and families, and different social groups also differ in their dependence on markets, cash and foreign...

The wide use of artificial insemination by dairy farmers has facilitated the development of a multi-billion dollar international market in animal genetics. In the major western dairy producing nations, each country has developed a single index to rank bulls, based on the value of traits they are...