Measuring and communicating the value of RD&E programs within Livestock Production Innovation
| Project start date: | 01 January 2006 |
| Project end date: | 31 August 2006 |
| Publication date: | 28 September 2006 |
| Project status: | Completed |
| Livestock species: | Sheep, Goat, Lamb, Grassfed cattle, Grainfed cattle |
| Relevant regions: | National |
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Summary
Fifty randomly selected individual projects funded by MLA from July 2001 to June 2006 have been evaluated. Benefits for each project are described and summarised in a triple bottom line format (economic, environmental and social).
Thirty of these projects have been subjected to a benefit-cost analysis with the remainder evaluated qualitatively. As some selected projects have been grouped together for the purpose of estimating the value of benefits, there are 24 rather than 30 individual quantitative analyses in the report.
All analyses demonstrate that a wide range of outcomes and benefit types are being delivered by Livestock Production Innovation. The 24 quantitative evaluations result in an average benefit-cost ratio of 9 to 1 with benefits being shared between the industry and consumers.
More information
| Project manager: | Wayne Hall |
| Primary researcher: | Agtrans Research & Consulting |
