An Economic Analysis of GRDC Investment in the - Grains Research ...

An Economic Analysis of GRDC Investment in Australian
Cereal Rust Control Program
Contents
1. Background...........................................................................................................................4
2. The Investment .....................................................................................................................4
2.1. Program Objectives ..........................................................................................................4
2.2. Investments.......................................................................................................................5
2.3. Program Description.........................................................................................................8
3. Outputs .................................................................................................................................9
3.1. Contribution of Germplasm to New Resistant Cultivars..................................................9
3.2. Germplasm Screening and Validation............................................................................10
3.3. Pathogenicity Surveys ....................................................................................................10
3.4. Preparedness for Australia..............................................................................................11
4. Outcomes............................................................................................................................11
5. Benefits...............................................................................................................................13
5.1. Industry productivity and profitability ...........................................................................13
5.2. Impact on the environment.............................................................................................13
5.3. Social Impacts ................................................................................................................13
5.4. Public versus Private Benefits ........................................................................................14
5.5. Match with National Priorities .......................................................................................15
6. Quantification of Benefits ..................................................................................................16
6.1. Past economic analyses ..................................................................................................16
6.2. Counterfactual ................................................................................................................17
6.3. Analysis restricted to wheat............................................................................................18
6.4. Periods of Investment and Associated Benefits .............................................................18
6.5. Attribution of Benefits from Resistance Breeding to ACRCP.......................................20
6.6. Benefits from Resistance Breeding ................................................................................20
6.7. Summary of Assumptions ..............................................................................................21
7. Results ................................................................................................................................22
8. Conclusions ........................................................................................................................25
9. Acknowledgments ..............................................................................................................25
10. References ......................................................................................................................25
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