A spatial equilibrium model of the Australian dairy industry
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Date
1992-03
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Abstract
The Australian dairy industry faces many pressures for policy change.To understand the effects of on the industry of changing government policies we have created a spatial equilibrium model uses simultaneous equations and is solved using the non unesr algoruhms of the mathematical programming language gauss equations allow polictes to be varted and the effects of these changes on production, consumption and prices to be simulated Australia is divided in to stx state production regions and six fluid milk markets a domestic market for manufactured products and an export market. We have used our model to analyse the possible effects of implementing the recommendations of the recent industry commision inquiry in to the dairy industry.
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Government Policies, Australian Dairy Indutry, Milk Markets