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The market for Australian prime lamb is characterised by high production seasonality and a highly competitive retail demand. Because these factors often translate into substantial market variability, regular forecasts of supply and demand are important requirements of lamb market participants....
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Governments are under increasing pressure to deliver results. Therefore, it is important to evaluate the effectiveness, efficiency and relevance of the public service in implementing policies and programmes for social betterment. Without such evaluations, it is difficult to ensure that evidence...
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The implications of model specification choices for the measurement of demand response to advertising are examined using Australian data. Single-equation models versus complete systems and alternative corrections for autocorrelation are evaluated. Competing advertising efforts by two producer...
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A recent analysis indicated that the direct financial cost of weeds to Australia’s winter grain sectorwas approximately $A1.2bn in 1998–1999. Costs of thismagnitude represent a large recurring productivity loss in an agricultural sector that is sufficient to impact significantly on regional...
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Cointegration and impulse response analyses are used to investigate the short‐run and long‐run dynamics of the Australian beef market. The aim of this study is to determine whether long‐run relationships existed between Australian beef prices at the farm, wholesale and retail levels. Based...
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