Outstanding in the Field: Impacts of Public Small Grains Breeding in Virginia
Ben Garber,
Jeffrey Alwang and
George W. Norton
Journal of Agricultural and Applied Economics, 2022, vol. 54, issue 4, 674-696
Abstract:
New production from public and exclusive varieties released by the small grains breeding program at Virginia Tech generated cumulative discounted benefits of $41 million from 2000 to 2018. Fitted yields from field trials were combined with acreage estimates to generate weighted average yields based on adoption of new varieties. Benefits were estimated as the value of additional production from the release and adoption of improved varieties. Public varieties were responsible for most program benefits. The program was found to have a significant impact in Virginia and out-of-state, with much of these benefits due to public-private collaboration.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:54:y:2022:i:4:p:674-696_7
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