 Returns to investment in IPM research in lettuce by NSW DPILeanne M. Orr, Sandra McDougall, Tony Napier and John D. Mullen No 94283, 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia from Australian Agricultural and Resource Economics Society Abstract: Research into IPM technologies has been conducted by NSW DPI for over 20 years. Evaluating the returns from investment in specific research and development projects is an important component of the NSW DPI science and research program. An economic evaluation has been conducted of IPM in managing invertebrate pests in lettuce in NSW. We found that there has been widespread adoption of IPM practices amongst NSW lettuce growers leading to a flow of economic benefits to the lettuce industry and the community. Important environmental and human health benefits were also identified. A benefit-cost ratio of 2 was calculated for the return to NSW DPI investment in lettuce IPM research which while satisfactory, is lower than returns calculated for other agricultural R&D evaluations. It does not include ‘spillover’ benefits to other States nor have human health or environmental benefits been valued. Keywords: Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:aare08:94283 Access Statistics for this paper More papers in 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia from Australian Agricultural and Resource Economics Society Contact information at EDIRC. |
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