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Geographically-explicit, dynamic partial equilibrium model of regional primary value chains - Mathematical formulation and application to forestry in Northland region of New Zealand

journal contribution
posted on 2024-06-21, 03:53 authored by Juan Monge, Steve Wakelin
This paper lays out the mathematical foundation of the Primary Value Chains (PVC) model, which is a geographically explicit, dynamic partial equilibrium model of regional value chains. Specifically, the model identifies: the equilibrium price-quantity bundles, optimal harvest schedules, market destinations, individual processing plant locations, and transportation routes. Results of a regional case study in the forestry sector in the Northland region of New Zealand are presented to showcase the model's capabilities. The model's structure is flexible enough to easily include other regions, cropping or farming systems, transportation alternatives, processing technologies and destination markets.

Funding

Funded by the New Zealand Ministry for Business, Innovation and Employment's Our Land and Water National Science Challenge (Toitū te Whenua, Toiora te Wai) as part of project Mauri Whenua Ora

History

Publication date

2019-01-07

Language

  • English

Does this contain Māori information or data?

  • No

Journal title

Computers and Electronics in Agriculture

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