The gains from pasture research in Australia : an economic analysis of research in the C.S.I.R.O. Division of Plant Industry
Abstract
The primary aim of this study was to estimate
rates of return on investment in pasture research for a
number of regions in Australia where the C.S.I.R.O.
Division of Plant Industry has carried out research into
improved pastures. As well, an investigation was carried
out into the economic criteria underlying research
decisions in the Division of Plant Industry. In
undertaking this study it was also hoped to gain some
insights into the economic factors which determine the
returns from agricultural research.