Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/262
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dc.contributor.authorMarshall, GRen
dc.contributor.authorBrennan, JPen
dc.date.accessioned2008-05-12T15:58:00Z-
dc.date.issued2001-
dc.identifier.citationThe Australian Journal of Agricultural and Resource Economics, 45(2), p. 195-213en
dc.identifier.issn1467-8489en
dc.identifier.issn1364-985Xen
dc.identifier.urihttps://hdl.handle.net/1959.11/262-
dc.description.abstractUse of benefit-cost analysis for economic comparison of agricultural research projects remains confounded, inter alia, by lack of rigour in specifying the without-project scenario and how benefits from an innovation endure after its adoption declines. Failure to account for the without-project scenario favours projects to the extent that more benefits are foregone than costs avoided. Moreover, it is unreasonable to assume generally that aggregate benefits from an innovation continue at the peak level until the end of a 30–40 year planning horizon. A general BCA model for agricultural research projects is presented to enable flexible handling of these issues.en
dc.languageenen
dc.publisherBlackwell Publishing Ltden
dc.relation.ispartofThe Australian Journal of Agricultural and Resource Economicsen
dc.titleIssues in benefit-cost analysis of agricultural research projectsen
dc.typeJournal Articleen
dc.identifier.doi10.1111/1467-8489.00139en
dc.subject.keywordsAgricultural Economicsen
local.contributor.firstnameGRen
local.contributor.firstnameJPen
local.subject.for2008140201 Agricultural Economicsen
local.subject.seo620199 Field crops not elsewhere classifieden
local.profile.schoolSchool of Environmental and Rural Scienceen
local.profile.emailgmarshal@une.edu.auen
local.output.categoryC1en
local.record.placeauen
local.record.institutionUniversity of New Englanden
local.identifier.epublicationsrecordpes:3735en
local.publisher.placeAustraliaen
local.format.startpage195en
local.format.endpage213en
local.peerreviewedYesen
local.identifier.volume45en
local.identifier.issue2en
local.contributor.lastnameMarshallen
local.contributor.lastnameBrennanen
dc.identifier.staffune-id:gmarshalen
local.profile.roleauthoren
local.profile.roleauthoren
local.identifier.unepublicationidune:264en
dc.identifier.academiclevelAcademicen
local.title.maintitleIssues in benefit-cost analysis of agricultural research projectsen
local.output.categorydescriptionC1 Refereed Article in a Scholarly Journalen
local.search.authorMarshall, GRen
local.search.authorBrennan, JPen
local.uneassociationUnknownen
local.year.published2001en
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