An Ex-Post Economic Analysis of the Hybrix5 Sweet Corn Breeding Program in Queensland

Mary Ann Franco-Dixon

No 47637, 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia from Australian Agricultural and Resource Economics Society

Abstract: The $2.1 million invested for the sweet corn research breeding program resulted in the release of Hybrix5 in 1995 which is a new sweet corn variety with improved insect and disease resistance. Based on the ex-post evaluation of this research program, it was estimated that the net benefits of the program up to 2006 (in 2006 dollars) is around $3 million. The producer benefits are 4.5 times the costs of R&D. Extending the period up to 2012 (20 years) resulted in estimated net benefits of around $6 million in 2006 dollars. The producer benefits are 7.2 times the costs of the R&D.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 19
Date: 2009
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare09:47637

DOI: 10.22004/ag.econ.47637

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