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The Returns To Investment In Research On Australian Wool Production

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Author Info

  • Scobie, Grant M.
  • Mullen, John D.
  • Alston, Julian M.

Abstract

A production function approach is used to estimate growth in farm productivity in the Australian wool industry from an estimated level of expenditure on wool production R & D. A market equilibrium model of the wool industry is then used to measure the share of total benefits from this productivity growth accruing to Australia and its wool growers. A net return is estimated after allowing for lags in the development and adoption of technology.

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File URL: http://purl.umn.edu/22764
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Bibliographic Info

Article provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural Economics.

Volume (Year): 35 (1991)
Issue (Month): 02 (August)
Pages:

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Handle: RePEc:ags:ajaeau:22764

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Postal: AARES Central Office Manager, Crawford School of Public Policy, ANU, Canberra ACT 0200
Phone: 0409 032 338
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Related research

Keywords: Production Economics; Productivity Analysis;

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References

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  1. McLean, I W, 1973. "Growth and Technological Change in Agriculture: Victoria 1870-1910," The Economic Record, The Economic Society of Australia, vol. 49(128), pages 560-74, December.
  2. Mullen, John D. & Alston, Julian M. & Wohlgenant, Michael K., 1989. "The Impact Of Farm And Processing Research On The Australian Wool Industry," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 33(01), April.
  3. Davis, Jeffrey S. & Oram, Peter A. & Ryan, James G., 1987. "Assessment of Agricultural Research Priorities: An International Perspective," Monographs, Australian Centre for International Agricultural Research, number 118048.
  4. Pardey, Philip G., 1986. "Public sector production of agricultural knowledge," Faculty Theses and Dissertations 121800, University of Minnesota, Department of Applied Economics.
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Citations

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Cited by:
  1. X. Zhao & J.D. Mullen & G.R. Griffith & R.R. Piggott & W.E. Griffiths, 2002. "The Economic Incidence of R&D and Promotion Investments in the Australian Beef Industry," Monash Econometrics and Business Statistics Working Papers 16/02, Monash University, Department of Econometrics and Business Statistics.
  2. Brennan, John P. & Quade, Kathryn J., 2006. "Towards the measurement of the impacts of improving research capacity: an economic evaluation of training in wheat disease resistance," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(2), June.
  3. Mounter, Stuart W. & Griffith, Garry R. & Piggott, Roley R. & Mullen, John D., 2005. "The Relative Payoffs From R&D and Generic Advertising Expenditure by the Australian Pig Industry," Working Papers 12943, University of New England, School of Economics.
  4. Mullen, John D. & Cox, Thomas L., 1995. "The Returns From Research In Australian Broadacre Agriculture," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(02), August.
  5. Mounter, Stuart W. & Griffith, Garry R. & Piggott, Roley R. & Fleming, Euan M. & Zhao, Xueyan, 2008. "An Equilibrium Displacement Model of the Australian Sheep and Wool Industries," Research Reports 37663, New South Wales Department of Primary Industries Research Economists.
  6. Bathgate, Andrew D. & Kingwell, Ross S. & O'Connell, Michael, 1999. "WOOL’S FUTURE in WESTERN AUSTRALIA and the R&D IMPLICATIONS: A Discussion Paper," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 123761, Australian Agricultural and Resource Economics Society.
  7. Ambarawati, I Gusti Agung Ayu & Zhao, Xueyan & Griffith, Garry R. & Piggott, Roley R., 2003. "Distribution of Gains from Cattle Development in a Multi-Stage Production System: The Case of the Bali Beef Industry," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57829, Australian Agricultural and Resource Economics Society.
  8. Zhao, Xueyan & Griffith, Garry R. & Mullen, John D., 2000. "Returns to New Technologies in the Australian Beef Industry: On-farm Research versus Off-farm Research," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 123749, Australian Agricultural and Resource Economics Society.
  9. Brennan, John P. & Quade, Kathryn J., 2004. "Genetics of, and Breeding for, Rust Resistance in Wheat in India and Pakistan," Impact Assessment Series (IAS) 113224, Australian Centre for International Agricultural Research.
  10. Mounter, Stuart W. & Griffith, Garry R. & Piggott, Roley R. & Mullen, John D., 2005. "The Payoff from Generic Advertising by the Australian Pig Industry: Further Results Relative to the Payoff from R&D," Australasian Agribusiness Review, University of Melbourne, Melbourne School of Land and Environment, vol. 13.
  11. Piggott, Roley R., 1992. "Some Old Truths Revisited," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 36(02), August.
  12. Mullen, John D., 2007. "Productivity growth and the returns from public investment in R&D in Australian broadacre agriculture," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(4), December.
  13. Alston, Julian M. & Chalfant, James A. & Pardey, Philip G., 1993. "Structural Adjustment In Oecd Agriculture: Government Policies And Technical Change," Working Papers 14473, University of Minnesota, Center for International Food and Agricultural Policy.
  14. Mullen, John D. & Scobie, Grant M. & Crean, Jason, 2006. "Trends in Research, Productivity Growth and Competitiveness in Agriculture in New Zealand and Australia," 2006 Conference, August 24-25, 2006, Nelson, New Zealand 31965, New Zealand Agricultural and Resource Economics Society.
  15. Williams, Gary W. & Shumway, C. Richard & Love, H. Alan, 2002. "Returns to Soybean Producers from Investments in Promotion and Research," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 31(1), April.
  16. Mullen, John D. & Cox, Thomas L., 1994. "R&D and Productivity Growth in Australian Broadacre Agriculture," 1994 Conference (38th), February 8-10, 1994, Wellington, New Zealand 148013, Australian Agricultural and Resource Economics Society.
  17. Zhao, Xueyan & Mullen, John D. & Griffith, Garry R. & Griffiths, William E. & Piggott, Roley R., 2000. "An Equilibrium Displacement Model of the Australian Beef Industry," Research Reports 28007, New South Wales Department of Primary Industries Research Economists.
  18. Zhao, Xueyan & Ambarawati, I Gusti Agung Ayu & Piggott, Roley R. & Griffith, Garry R., 2004. "The Distribution of Gains from Cattle Development in a Multi-Stage Production System: The Case of the Bali Beef Industry," Working Papers 12920, University of New England, School of Economics.
  19. Hill, Debbie J. & Piggott, Roley R. & Griffith, Garry R., 1996. "Profitability Of Incremental Expenditure On Fibre Promotion," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 40(03), December.

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