An economic evaluation of investment in the RIRDC Rice R&D Program 2012-2017

Agtrans Research

  • Project code: PRJ-009908

  • Project stage: Closed

  • Project start date: Monday, June 15, 2015

  • Project completion date: Monday, February 15, 2016

  • National Priority: RIC-Strengthened industry capacity


The project will undertake an economic evaluation of the R&D investment by the rice industry and by RIRDC over the past few years.



Research Organisation

Agtrans Research

Objective Summary

1. To define the population of completed projects funded by the program.
2. To describe each project in terms of its rationale, objectives, activities and outputs, and outcomes and impacts.
3. Identify and describe the impacts of the investment across the industry and community in a triple bottom line framework.
4. Value the impacts emanating from a selected subset of projects and conduct a cost benefit analysis using the benefits and cost from this subset of projects.
5. Carry out a cost benefit analysis using the impacts valued compared with the total investment in the project population.
6. Produce an economic evaluation report for RIRDC.