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Biological control of gorse: an ex-ante evaluation
Biological control of gorse: an ex-ante evaluation
Sandrey, R. A.
Sandrey, R. A.
Date
1985-11
Type
Monograph
Collections
Fields of Research
ANZSRC::140201 Agricultural Economics
Abstract
The incorporation of an economic input to the evaluation of the
potential outcome of scientific research work is a relatively new
development in New Zealand. This Research Report presents an analysis
of the possible effect a research programme output may have on the New
Zealand agricultural scene. The possible outcomes have been quantified
and an estimation of the value of those outcomes has been provided.
This can be used in an assessment of whether work should proceed on the
research project, both in terms of the possible outcome values and the
costs yet to be incurred carrying out the research. The objective of this report is to estimate the benefits and
costs to New Zealand if agents were introduced to naturally regulate
gorse. The costs of gorse include both the direct costs of control and
indirect costs in the form of the opportunity cost of lost production.