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Benefit Cost Analysis of RD&E in Action

Author

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  • Wilson, Trevor
  • Chudleigh, Fred
  • Carrigan, Gretchen

Abstract

Since 2004, the Queensland Department of Primary Industries and Fisheries has embarked on a rigorous evaluation of its R&D Programs, with Benefit Cost Analysis being a cornerstone of this work. The analyses conducted to date have proved to be powerful tools in internal resource re-allocation. However, the process used has been time consuming, partly because there needs to be adequate time allowed for consultation both with scientists and with senior staff. Experience has highlighted the need for strong organisational support to the analysts carrying out the work.

Suggested Citation

  • Wilson, Trevor & Chudleigh, Fred & Carrigan, Gretchen, 2009. "Benefit Cost Analysis of RD&E in Action," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47639, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare09:47639
    DOI: 10.22004/ag.econ.47639
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    References listed on IDEAS

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    1. Marshall, Graham R. & Brennan, John P., 2001. "Issues in benefit-cost analysis of agricultural research projects," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 45(2), pages 1-19.
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    Research and Development/Tech Change/Emerging Technologies;

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