Evaluating research policy in Australian broadacre agriculture - Accounting for interactions between the beef, sheep meat, wool, and grains industries

  • Zhao, Xueyan (Primary Chief Investigator (PCI))
  • McLaren, Keith (Chief Investigator (CI))
  • Nguyen, Duong Thi Mai Dawn (Chief Investigator (CI))
  • Griffith, Garry (Partner Investigator (PI))
  • Mullen, John (Partner Investigator (PI))

Project: Research

Project Details

Project Description

This project studies the returns from R&D investments in Australia's broadacre agricultural industries and equity in the funding of these investments. The contribution is to explicitly recognise the interaction across cattle, sheep and cropping enterprises, while past analyses have been single industry approach. Econometric models of multi-output profit function for Australian broadacre agriculture and demand systems involving these products are estimated. A multi-industry equilibrium displacement model is developed to simulate the incidence of both costs and returns of agricultural R&D, with cross-industry interaction recognised. The project is likely to contribute to the way agricultural research is administered and funded in Australia.
StatusFinished
Effective start/end date2/01/0631/12/09

Funding

  • Australian Research Council (ARC): AUD49,704.00
  • Australian Research Council (ARC): AUD72,444.00
  • Department of Regional NSW (New South Wales): AUD15,000.00