Economic Evaluation of Beltwide Boll Weevil/Cotton Insect Management Programs (Appendix B)
USDA Interagency Working Group on Boll Weevil Programs Economic Evaluation Team
No 333513, Staff Reports from United States Department of Agriculture, Economic Research Service
Abstract:
Alternative boll weevil/cotton insect management programs were evaluated for their effects on net market benefits and for their distributive impacts on producers and consumers. The Optimum Pest Management with No incentives and Boll Weevil Eradication (OPM-NI-BWE) program produced the highest net market program costs. Consumer benefits from lower prices greatly exceeded the loss of producer incomes and public costs. The Optimum Pest Management with No Incentive (OPM-NI) program produced the highest rate of return on Federal investment. A B/C ratio of 44:1 was obtained, compared with 17:1 for OPM-NI-BWE.
Keywords: Crop Production/Industries; Demand and Price Analysis; International Relations/Trade; Production Economics; Productivity Analysis; Public Economics; Research and Development/Tech Change/Emerging Technologies; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 86
Date: 1981-05
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:333513
DOI: 10.22004/ag.econ.333513
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