dc.contributor.advisor |
Olsen, T |
en |
dc.contributor.author |
Gao, Jie |
en |
dc.date.accessioned |
2017-02-14T21:30:29Z |
en |
dc.date.issued |
2016 |
en |
dc.identifier.uri |
http://hdl.handle.net/2292/31832 |
en |
dc.description |
Full text is available to authenticated members of The University of Auckland only. |
en |
dc.description.abstract |
Although the red meat industry is the keystone of the visual and social landscape of New Zealand, its profitability is not up to expectation recently, and its scale has been shrinking for three decades. Contract commitments can be a reliable solution to enhance the profitability of the industry and supply, and prior work has documented that agricultural contracts are able to enhance the profitability in various countries, and incentives for participating in contracts has been widely investigated by studies. However, the status quo of the red meat sector is that the commitment relationships between farmers and processors are not widely built, while limited research pays attention to agricultural contracts in the NZ red meat industry. In this case, it is meaningful to understand farmers’ decisions on participating in contracts, particularly with the consideration of recognised farming uncertainties which are climatic variation, market trends and feed costs changes. This study presents a model that aims to assess the effectiveness of agricultural contracts boosting the profitability of pastoral farming. Through incorporating a spot price sub-model, a pasture sub-model and a livestock growth sub-model, our model can reflect the daily operations of pastoral farming and reveal farmers’ decisions; the discrete-event simulation method, the Monte Carlo method and the Box-Jenkins Method are employed to construct the model. According to the outcomes of the model, a well-designed contract is capable of providing a reliable supply for processors and a stable an attractive profit for farmers. This indicates that obtaining an appealing contract price can incentivise farmers’ participation, and other benefits of participation can be designed as well. Keywords: farm operations management; agricultural contracts; incentives for participation; farming uncertainties; supply uncertainty; simulation modelling; ARIMA; Box-Jenkins method; Monte Carlo method; discrete-event simulation; decision-making process; |
en |
dc.publisher |
ResearchSpace@Auckland |
en |
dc.relation.ispartof |
Masters Thesis - University of Auckland |
en |
dc.relation.isreferencedby |
UoA99264922806802091 |
en |
dc.rights |
Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. |
en |
dc.rights |
Restricted Item. Available to authenticated members of The University of Auckland. |
en |
dc.rights.uri |
https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm |
en |
dc.rights.uri |
http://creativecommons.org/licenses/by-nc-sa/3.0/nz/ |
en |
dc.title |
Agricultural Contracts in the New Zealand Red Meat Industry: A simulation method to explore farmers’ decisions on participation |
en |
dc.type |
Thesis |
en |
thesis.degree.discipline |
Operations and Supply Chain Management |
en |
thesis.degree.grantor |
The University of Auckland |
en |
thesis.degree.level |
Masters |
en |
dc.rights.holder |
Copyright: The author |
en |
pubs.elements-id |
612630 |
en |
pubs.org-id |
Business and Economics |
en |
pubs.org-id |
Faculty of Bus. & Eco Admin |
en |
pubs.org-id |
Faculty of Bus. & Eco Admin |
en |
pubs.record-created-at-source-date |
2017-02-15 |
en |
dc.identifier.wikidata |
Q112924303 |
|