IDEAS home Printed from https://ideas.repec.org/a/ags/aergaa/330597.html
   My bibliography  Save this article

An Economic Analysis of Wheat Breeding Programs for Some Iranian Irrigated Bread Wheat Varieties

Author

Listed:
  • Asadi, Hormoz
  • Zamanian, Gholamreza
  • Tash, Mohammad Nabi Shahiki
  • Ghorbani, Mohammad
  • Kamali, Mohammad Reza Jalal

Abstract

The objectives of this research were to determine the impacts of irrigated wheat breeding in reducing costs, Net Present Value (NPV), Cost-Benefit Analysis (CBA) and Internal Rate of Return (IRR) for Mehregan, Shush, Baharan and Narin bread wheat varieties, released in 2014. Replacement indices for Chamran, Shiroodi, Bahar, Morvarid, Zarrin varieties with international origin, and Pishtaz, Alvand, Pishgam varieties with national origins were also assessed. To estimate the profitability criteria’s and replacement index of varieties, Ex-ante & Ex-post methods and Weighted Average Age were used. The results revealed that the mean reduction costs of released four irrigated bread wheat varieties (Mehreghan, Shush, Baharan, Narin) equals 406.9 Iranian Rials. The mean of shift in supply function of these varieties is 4.67%. Total costs of research for three varietis (Mehregan, Shush, Baharan) with international origin, and Narin variety with national origin, were 96500 and 21500 million Iranian Rials, respectively. Moreover, NPV for Mehregan, Shush, Baharan and Narin were 266200, 211000, 469200 and 415200 million Iranian Rials, respectively. Benefit Cost Ratio (BCR) for Mehregan, Shush, Baharan and Narin were 4.6, 1.5, 12.2 and 7.7, respectively. IRR for Mehregan, Shush, Baharan and Narin were 47.5%, 28.5%, 72.9% and 51.1%, respectively. The mean of weighted Average Age of irrigated bread wheat varieties over the period of 2004-2016, was 7.72 years. Based on the need and purchase scenarios, the average of replacement rate for Chamran were calculated as 3.8 and 6 years, respectively.

Suggested Citation

  • Asadi, Hormoz & Zamanian, Gholamreza & Tash, Mohammad Nabi Shahiki & Ghorbani, Mohammad & Kamali, Mohammad Reza Jalal, 2017. "An Economic Analysis of Wheat Breeding Programs for Some Iranian Irrigated Bread Wheat Varieties," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 0(Issue 1), January.
    • Handle: RePEc:ags:aergaa:330597
    DOI: 10.22004/ag.econ.330597
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/330597/files/18_1_1.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.330597?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Terrance M. Hurley & Xudong Rao & Philip G. Pardey, 2017. "Re-Examining the Reported Rates of Return to Food and Agricultural Research and Development: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(3), pages 827-836.
    2. John Gibson & Ethan Burton-McKenzie, 2017. "Are returns to research quality lower in agricultural economics than in economics?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 61(3), pages 498-514, July.
    3. Brennan, John P. & Aw-Hassan, Aden & Quade, Kathryn J. & Nordblom, Thomas L., 2002. "Impact of ICARDA Research on Australian Agriculture," Research Reports 28012, New South Wales Department of Primary Industries Research Economists.
    4. Paul W. Heisey & John P. Brennan, 1991. "An Analytical Model of Farmers' Demand for Replacement Seed," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(4), pages 1044-1052.
    5. Balana, Bedru Babulo & Vinten, Andy & Slee, Bill, 2011. "A review on cost-effectiveness analysis of agri-environmental measures related to the EU WFD: Key issues, methods, and applications," Ecological Economics, Elsevier, vol. 70(6), pages 1021-1031, April.
    6. Melinda Smale & Joginder Singh & Salvatore Di Falco & Patricia Zambrano, 2008. "Wheat breeding, productivity and slow variety change: evidence from the Punjab of India after the Green Revolution ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 52(4), pages 419-432, December.
    7. Marasas, C. N. & Smale, M. & Singh, R. P., 2003. "The economic impact of productivity maintenance research: breeding for leaf rust resistance in modern wheat," Agricultural Economics, Blackwell, vol. 29(3), pages 253-263, December.
    8. Julian M. Alston, 2010. "The Benefits from Agricultural Research and Development, Innovation, and Productivity Growth," OECD Food, Agriculture and Fisheries Papers 31, OECD Publishing.
    9. Terrance M. Hurley & Xudong Rao & Philip G. Pardey, 2014. "Re-examining the Reported Rates of Return to Food and Agricultural Research and Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(5), pages 1492-1504.
    10. Quade, Kathryn J. & Brennan, John P. & Aw-Hassan, Aden & Nordblom, Thomas L., 2002. "Impact on Australia of ICARDA’s Research on Kabuli Chickpeas," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 173989, Australian Agricultural and Resource Economics Society.
    11. Terrance M. Hurley & Xudong Rao & Philip G. Pardey, 2017. "Re-Examining the Reported Rates of Return to Food and Agricultural Research and Development: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(3), pages 827-836.
    12. Barkley, Andrew P. & Nalley, Lawton Lanier & Crespi, John M., 2008. "The Impact of the CIMMYT Wheat Breeding Program on Mexican Wheat Producers and Consumers: An Economic Welfare Analysis," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6931, Southern Agricultural Economics Association.
    13. Bellon, Mauricio R. & Gotor, Elisabetta & Caracciolo, Francesco, 2015. "Assessing the Effectiveness of Projects Supporting On-Farm Conservation of Native Crops: Evidence From the High Andes of South America," World Development, Elsevier, vol. 70(C), pages 162-176.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Stéphane Lemarié & Valérie Orozco & Jean-Pierre Butault & Antonio Musolesi & Michel Simioni & Bertrand Schmitt, 2020. "Assessing the long-term impact of agricultural research on productivity: evidence from France," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 47(4), pages 1559-1586.
    2. Andersen, Matthew A., 2019. "Knowledge productivity and the returns to agricultural research: a review," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(2), April.
    3. Kingwell, Ross, 2018. "The Rationale for Taxpayer Support for Primary Industry Research and Innovation in Western Australia," Working Papers 274837, University of Western Australia, School of Agricultural and Resource Economics.
    4. Rao, Xudong & Hurley, Terrance M. & Pardey, Philip G., 2020. "Recalibrating the reported returns to agricultural R&D: what if we all heeded Griliches?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), July.
    5. Xudong Rao & Terrance M. Hurley & Philip G. Pardey, 2020. "Recalibrating the reported returns to agricultural R&D: what if we all heeded Griliches?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), pages 977-1001, July.
    6. Shew, Aaron M. & Nalley, Lawton L. & Durand-Morat, Alvaro & Meredith, Kylie & Parajuli, Ranjan & Thoma, Greg & Henry, Christopher G., 2021. "Holistically valuing public investments in agricultural water conservation," Agricultural Water Management, Elsevier, vol. 252(C).
    7. Spielman, David J. & Smale, Melinda, 2017. "Policy options to accelerate variety change among smallholder farmers in South Asia and Africa South of the Sahara," IFPRI discussion papers 1666, International Food Policy Research Institute (IFPRI).
    8. Davide Viaggi, 2018. "Quantifying the Impact of Scientific Research on Agriculture," EuroChoices, The Agricultural Economics Society, vol. 17(1), pages 19-24, April.
    9. Muhammad Usman & Gulnaz Hameed & Abdul Saboor & Lal K. Almas & Muhammad Hanif, 2021. "R&D Innovation Adoption, Climatic Sensitivity, and Absorptive Ability Contribution for Agriculture TFP Growth in Pakistan," Agriculture, MDPI, vol. 11(12), pages 1-18, November.
    10. Jaeck, Melanie & Lifran, Robert, 2011. "The Economic Determinants of the On-farm Management of Rice Cultivars in the Rhone River Delta (France)," 2011 Conference, August 25-26, 2011, Nelson, New Zealand 115508, New Zealand Agricultural and Resource Economics Society.
    11. Huimin Song & Jamie M Chen & Yibin Chen, 2021. "Mediating and moderating effects in golf tourism: Evidence from Hainan Island," Tourism Economics, , vol. 27(3), pages 510-526, May.
    12. Bianca AVRAM POP & Simona SABOU, 2018. "The Role Of Agriculture In Romanian Development," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(1), pages 5-18, March.
    13. Lachaud, Michée A. & Bravo-Ureta, Boris E., 2022. "A Bayesian statistical analysis of return to agricultural R&D investment in Latin America: Implications for food security," Technology in Society, Elsevier, vol. 70(C).
    14. John Davis, 2018. "Communicating Economic Concepts and Research in a Challenging Environment," Journal of Agricultural Economics, Wiley Blackwell, vol. 69(3), pages 591-605, September.
    15. Timo Goeschl & Timothy Swanson, 2003. "On Biology and Technology: The Economics of Managing Biotechnologies," Working Papers 2003.42, Fondazione Eni Enrico Mattei.
    16. Jiao, Yang & Qi, Li & Chen, Zhuo, 2023. "Academic profile of Chinese economists: Productivity, pay, time use, gender differences, and impacts of COVID-19," China Economic Review, Elsevier, vol. 81(C).
    17. Hutchins, Jared P. & Gong, Yating & Du, Xiaodong, 2021. "The Role of Animal Breeding in Productivity Growth: Evidence from Wisconsin Dairy Farms," 2021 Annual Meeting, August 1-3, Austin, Texas 313882, Agricultural and Applied Economics Association.
    18. Jose‐Maria Garcia‐Alvarez‐Coque & Francisco Mas‐Verdu & Mercedes Sanchez García, 2015. "Determinants of Agri‐food Firms’ Participation in Public Funded Research and Development," Agribusiness, John Wiley & Sons, Ltd., vol. 31(3), pages 314-329, June.
    19. Aaron Michael Shew & Alvaro Durand‐Morat & Lawton Lanier Nalley & Karen Ann‐Kuenzel Moldenhauer, 2018. "Estimating the benefits of public plant breeding: beyond profits," Agricultural Economics, International Association of Agricultural Economists, vol. 49(6), pages 753-764, November.
    20. N. Graveline & B. Aunay & J. Fusillier & J. Rinaudo, 2014. "Coping with Urban & Agriculture Water Demand Uncertainty in Water Management Plan Design: the Interest of Participatory Scenario Analysis," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 28(10), pages 3075-3093, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aergaa:330597. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/etagrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.