Economic Evaluation of Investment in the Chicken Meat R&D Program

  • 77 pages

  • Published: 21 Sep 2009

  • Author(s): Chudleigh, Peter, Simpson, Sarah

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The RIRDC Chicken Meat R&D Program supports increased sustainability and profitability in the chicken meat industry. The Program is funded by statutory levies paid by industry participants and matching funding provided by the Australian Government. The investments made by the Program follow the R&D Plan for the Chicken Meat Program 2004-2009.
In May 2008 an Evaluation Framework for RIRDC was finalised. This framework, among other things, sets out a process for reviewing each of RIRDC’s programs in the final year of its five year plan. One of the three programs selected for assessment in 2009 was the Chicken Meat Program.
A part of each specific program review is to randomly select three independent investments within the program for an impact evaluation through cost benefit analysis. The three economic analyses provide specific case studies that will demonstrate the extent and distribution of benefits that have been, are being, or will be, captured in future. Such information is valuable to not only RIRDC management, but also to the members of the industry (or industries) at which the investment has been targeted.