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An Ex-Post Economic Analysis of the Hybrix5 Sweet Corn Breeding Program in Queensland

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  • Franco-Dixon, Mary Ann

Abstract

The $2.1 million invested for the sweet corn research breeding program resulted in the release of Hybrix5 in 1995 which is a new sweet corn variety with improved insect and disease resistance. Based on the ex-post evaluation of this research program, it was estimated that the net benefits of the program up to 2006 (in 2006 dollars) is around $3 million. The producer benefits are 4.5 times the costs of R&D. Extending the period up to 2012 (20 years) resulted in estimated net benefits of around $6 million in 2006 dollars. The producer benefits are 7.2 times the costs of the R&D.

Suggested Citation

  • Franco-Dixon, Mary Ann, 2009. "An Ex-Post Economic Analysis of the Hybrix5 Sweet Corn Breeding Program in Queensland," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47637, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare09:47637
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    File URL: http://purl.umn.edu/47637
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    Keywords

    Hybrid5; Sweet corn; Ex-post evaluation; Crop Production/Industries;

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