Estimating Distributional Impacts of an Innovation Across Sectors in an Industry: A case study of the Australian wool industry

David J. Collins and Brian Davidson

No 58395, 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia from Australian Agricultural and Resource Economics Society

Abstract: In this paper an approach that can be used to determine the distribution of a productivity gain on an industry is detailed. In particular, the model developed in this paper extends earlier evaluations by emphasising the crucial role of substitution between inputs across different participants in the supply chain. Crucial to any analysis of an industry are the estimates of the elasticity's of derived demand at each stage and how it changes, as the product is further refined. The wool industry is used to illustrate the effects of an innovation across sectors.

Keywords: Agribusiness; Production Economics (search for similar items in EconPapers)
Pages: 19
Date: 2004-02
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare04:58395

DOI: 10.22004/ag.econ.58395

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