EVALUATIONS IN 2003 OF FIVE AREAS OF INVESTMENT IN R&D BY NSW AGRICULTURE: SUMMARY

In 2003 the economic, social and environmental impacts of five areas of research and extension where NSW Agriculture has made significant investments were evaluated. These investment areas included net feed efficiency in beef cattle; the management of temperate weeds in temperate pastures; conservation farming in the northern NSW cropping zone; wheat breeding in NSW; and extension in water use efficient technologies. The benefit cost analyses were conducted over the period from 1980 to 2020. For these five project areas NSW Agriculture invested $114m, including some support from industry. The industry returns totalled $1311m giving an average benefit-cost ratio of 11.5, ranging from 4.5 to 22.2.


Editor(s):
Mullen, John D.
Issue Date:
2004
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/28002
Total Pages:
28
Series Statement:
Economics Research Report No. 22




 Record created 2017-04-01, last modified 2017-08-24

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