Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/60373
Title: On Reconciling the Multiple Objectives of Agricultural RD&E
Contributor(s): Mullen, John (author); de Meyer, Julien (author); Griffith, Garry  (author)orcid ; Lemerle, Caroline (author); Malcolm, Bill (author)
Publication Date: 2023-05-25
DOI: 10.22004/ag.econ.335276
Handle Link: https://hdl.handle.net/1959.11/60373
Abstract: 

International agricultural research institutions are now expected to deliver on a range of Sustainable Development Goals (SDGs) in addition to their traditional goal of developing technologies that increase the incomes of farm families and alleviate poverty. There has been concern that pursuit of these other objectives may have a high opportunity cost in terms of a slower rate of poverty alleviation. Here we argue that many of the SDGs can be thought of as capital stocks which are jointly related in production and consumption. There are opportunities for research institutions to exploit this jointness. Well-designed projects to deliver new technology lead to the alleviation of poverty (if the technology is widely adopted) but also have the potential to enhance a range of capacities in scientists and farm families and in environmental health. The risk of projects that do not have a technology focus is that the incentives for farm families to change behaviour may be weak and hence gains in SDGs may be small. One implication is that assessing the economic impact of new technologies remains important. While changes in SDGs should be at least qualitatively described, a finding of robust economic impact based on evidence of adoption, gives confidence of gains in other jointly supplied SDGs.

Publication Type: Journal Article
Source of Publication: Australasian Agribusiness Review, v.31, p. 65-73
Publisher: University of Melbourne
ISSN: 1833-5675
1442-6951
1320-0348
Fields of Research (FoR) 2020: 3801 Applied economics
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
Appears in Collections:Journal Article
UNE Business School

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