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An Integrated Economic Approach to Evaluating the Farm and Industry Benefits of Weed Control in Agricultural Production Systems

Author

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  • Vere, David T.
  • Jones, Randall E.
  • Griffith, Garry R.

Abstract

The annual economic loss of agricultural production caused by weeds in Australia has been estimated to exceed $3.3 billion. This loss now approximates the average annual net value of Australian farm production. In an attempt to address this problem, the Cooperative Research Centre for Weed Management Systems (CRCWMS) was established in 1995 under the federal government's cooperative research centre program. To achieve its goal of reducing the annual costs of weeds to Australia by at least 10% by the year 2000, the CRCWMS must demonstrate that its research will benefit both the farming sector and the overall community. This paper describes the development of an integrated economic system for evaluating these benefits and its application in evaluating the benefits of controlling a major weed of Australian grazing systems in the Murrumbidgee Irrigation Area.

Suggested Citation

  • Vere, David T. & Jones, Randall E. & Griffith, Garry R., 1997. "An Integrated Economic Approach to Evaluating the Farm and Industry Benefits of Weed Control in Agricultural Production Systems," 1997 Conference (41st), January 22-24, 1997, Gold Coast, Australia 136818, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare97:136818
    DOI: 10.22004/ag.econ.136818
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    Cited by:

    1. Vere, David T. & Jones, Randall E. & Dowling, Peter, 2004. "An Economic Evaluation of Research into the Improved Management of the Annual Grass Weed Vulpia in Temperate Pastures in South-Eastern Australia," Research Reports 42503, New South Wales Department of Primary Industries Research Economists.
    2. Townsend, J. & Sinden, Jack A., 1999. "Economic Impacts Of Noxious Weeds, Other Weeds, And Tree Growth, On Agricultural Production In The New England Tablelands, New South Wales," Working Papers 12918, University of New England, School of Economics.
    3. Unknown, 2001. "Proceedings of an International Workshop held in Bangkok, Thailand 8 – 9 June 2001: Water Policy Reform: Lessons from Asia and Australia," ACIAR Proceedings Series 135378, Australian Centre for International Agricultural Research.

    More about this item

    Keywords

    Crop Production/Industries;

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