An Economic Analysis of Potential Changes to a Rice Breeding Program

Inder Pal Singh and John P. Brennan

No 156455, 1996 Conference (40th), February 11-16, 1996, Melbourne, Australia from Australian Agricultural and Resource Economics Society

Abstract: Rice breeders and their administrators face difficult decisions regarding the most appropriate methods and approaches to use in their breeding programs. In this paper, economic principles are used to evaluate and compare the gains from different plant breeding programs or differently structured programs. By identifying the costs of potential changes and estimating the expected returns from proposed·programs, investment criteria are used to evaluate the efficiency of shifts in resources within the breeding program. The information generated enables the rice breeders at Yanco to adjust the existing breeding program to provide the Australian rice industry with relatively higher returns.

Keywords: Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 15
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare96:156455

DOI: 10.22004/ag.econ.156455

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