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F.EVA.1806 - GMI/IF and evaluation modelling enhancement

Economic modelling

Project start date: 29 September 2020
Project end date: 30 December 2022
Publication date: 14 May 2024
Project status: Completed
Livestock species: Grain-fed Cattle, Grass-fed Cattle, Sheep, Goat, Lamb
Relevant regions: National, International

Summary

This project supported additional and significant project-type activities related to the further upgrading of the evaluation models, separate to the on-going business as usual support from CIE funded under project F.EVA.1804. It covered activities such as assisting MLA in upgrading all evaluation models for the next time period (2020–25+), fully documenting and simplifying these, disaggregating top down models into a standard 'bottom up' product structure and data entry, standardising the GMI/IF related data content to allow a centralisation of this data in a separate database (e.g. ORACLE PBCS), and assisting ex ante use of these new models in such areas as Integrity Systems by third party consultants.

Objectives

Evaluation support related to MLA's 2020–25 evaluation period.

Key findings

Ongoing support was delivered and successful.

Benefits to industry

Assists in measuring benefits from MLA investments.

Future research

Ongoing funding of GMI model needed and underway.

More information

Project manager: George Waldthausen
Contact email: reports@mla.com.au
Primary researcher: Centre For Int'L Economics