The economic cost of weeds in dryland cotton production systems of Australia
Economic losses and costs associated with weeds in dryland cotton production are important, both for growers and for industry bodies when making decisions about research priorities and research and development funding. A survey was conducted to provide information on weed types, control strategies and estimated costs to growers. We used information from the survey to estimate conventional financial losses due to weeds, and as a basis for evaluating aggregate economic (society) impacts. An economic surplus model was used to estimate the aggregate societal impact of weeds for three production regions in north-eastern Australia. The annual economic costs associated with weeds were estimated to be $41 million, and the on-farm financial costs were $25 million. While these are past (sunk) costs, and based on a total removal of weeds, the approach outlined here can be used to begin evaluating likely future returns from technologies or management improvements for different agricultural problems.
|Date of creation:||Feb 2003|
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- Clements, Kenneth W. & Lan, Yihui, 2001. "World Fibers Demand," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 33(01), April.
- D.J. Hill & Roley R. Piggott & Garry R. Griffith, 1996. "Profitability Of Incremental Expenditure On Fibre Promotion," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 40(3), pages 151-174, December.
- 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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