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Research Payoff from Quality Improvement: The Case of Protein in Australian Wheat

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  • Thomas J. Voon
  • Geoff W. Edwards

Abstract

A model is developed for evaluating the size and distribution of the economic benefits from research that improves the quality of an export commodity. Quality improvement, achieved by research or by agronomic practices, shifts the domestic and/or excess demand curves for an export commodity. Research costs are not modeled, but any shift in the supply curve (due to a change in yield, for example) accompanying the quality improvement is included. The model is used to estimate the gains from research that increases protein content in Australian wheat. It is estimated that Australia has the potential to obtain net benefits up to A$53 million per year from a one percentage point increase in the protein content in wheat. Over 90% of these gains accrue to wheat producers.

Suggested Citation

  • Thomas J. Voon & Geoff W. Edwards, 1992. "Research Payoff from Quality Improvement: The Case of Protein in Australian Wheat," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(3), pages 564-572.
    • Handle: RePEc:oup:ajagec:v:74:y:1992:i:3:p:564-572.
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    Cited by:

    1. Voon, Thomas Jan P., 1996. "Evaluating Quality Improvement in Nonhomogeneous Agricultural Commodities: The Case of Australian Beef," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 64(02), pages 1-7, August.
    2. Brennan, John P. & Singh, Rajinder Pal & Singh, Inder Pal, 1999. "Economic Issues in Assessing Research Priorities in Feed Grains Nutrition," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 123789, Australian Agricultural and Resource Economics Society.
    3. Kingwell, Ross & Carter, Chris, 2014. "Economic issues surrounding wheat quality assurance: the case of late maturing alpha-amylase policy in Australia," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 22, pages 1-13.
    4. Changwei Tan & Xinxing Zhou & Pengpeng Zhang & Zhixiang Wang & Dunliang Wang & Wenshan Guo & Fei Yun, 2020. "Predicting grain protein content of field-grown winter wheat with satellite images and partial least square algorithm," PLOS ONE, Public Library of Science, vol. 15(3), pages 1-15, March.
    5. Salayo, Nerissa D., 2000. "Investment Opportunities for the Shrimp Processing Industry in the Philippines: Results from a Hedonic Analysis," Discussion Papers DP 2000-12, Philippine Institute for Development Studies.
    6. Richards, Timothy J. & Padilla, Luis, 2002. "Commodity R&D And Promotion," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 34(3), pages 1-15, December.
    7. Pannell, D. J., 1999. "On the estimation of on-farm benefits of agricultural research," Agricultural Systems, Elsevier, vol. 61(2), pages 123-134, August.
    8. Holloway, Garth J. & Peyton, L. James & Griffith, Garry R., 2000. "Was the Australian Meat and Live-stock Corporation's advertising efficient?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(1), pages 1-27.
    9. Devadoss, S. & Araji, A. A., 1993. "Impacts 0F Breeding And Crop Management Research In Classes Of Wheat On Economic Returns And Exports," A.E. Research Series 305100, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    10. Dey, Madan Mohan & Kumar, Praduman & Chen, Oai Li & Khan, Md. Akhtaruzzaman & Barik, Nagesh Kumar & Li, Luping & Nissapa, Ayut & Pham, Ngoc Sao, 2013. "Potential impact of genetically improved carp strains in Asia," Food Policy, Elsevier, vol. 43(C), pages 306-320.
    11. Richards, Timothy J. & Padilla, Luis, 2001. "Commodity R&D, Patenting, And Promotion," 2001 Annual meeting, August 5-8, Chicago, IL 20497, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Voon, J. P. & Edwards, G. W., 1999. "Impacts of foreign policies on the gains from research and promotion," Agricultural Economics, Blackwell, vol. 20(1), pages 11-21, January.
    13. Benjamin Henderson & Lynn Henry & Gordon MacAulay & Jen Tatuh, 2010. "Potential Payoff from R&D in the Coconut Industry of North Sulawesi, Indonesia," Asian Economic Journal, East Asian Economic Association, vol. 24(1), pages 69-85, March.
    14. Ko, Minkyong & Ramsey, Austin F., 2022. "Warming Temperatures and Potential Adaptation through Breeding: Evidence from U.S. Soft Winter Wheat," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322102, Agricultural and Applied Economics Association.
    15. Kim, Yun-Shik & Sumner, Daniel A., 2005. "Measuring Research Benefits With Import Ban Restrictions, Quality Changes, Non-Market Influences On Adoption And Food Security Incentives," 2005 Annual meeting, July 24-27, Providence, RI 19148, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. Brennan, John P. & Singh, Rajinder Pal, 2000. "Economic Assessment of Improving Nutritional Characteristics of Feed Grains," Research Reports 28000, New South Wales Department of Primary Industries Research Economists.
    17. Will Martin & Julian M. Alston, 1997. "Producer Surplus without Apology? Evaluating Investments in RD," The Economic Record, The Economic Society of Australia, vol. 73(221), pages 146-158, June.
    18. Javelosa, Josyline C. & Moss, Charles B. & Schmitz, Andrew & Seale, James L., Jr., 2006. "Derived Demand for Food Nutrients as Welfare Indicator of Biofortified Crops: High-Iron Rice in the Philippines," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35405, Southern Agricultural Economics Association.
    19. Yu, Tun-Hsiang, 1998. "The benefits and costs of transporting an identity preserved product from Iowa to Taiwan," ISU General Staff Papers 1998010108000018184, Iowa State University, Department of Economics.
    20. Ryan, Timothy J., 1994. "Marketing Australia's Wheat Crop: The Way Ahead," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 62(01), pages 1-15, April.

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