Measuring the benefits from R&D investment beyond the farm gate: the case of the WA wine industry
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Evaluations of public sector agricultural research and development (R&D) often focus
on farm level benefits. Flow-on benefits that accrue to other sectors such as
processing and marketing typically are ignored. This paper however includes these
benefits. Using the Western Australian wine industry as an example this paper
highlights the relative importance of farm and flow-on benefits generated by farm-level
R&D. A wine industry value chain model is used to measure these benefits. The
benefits per dollar of R&D investment are found to be $2.8 at the farm level
compared to $14.9 when flow-on benefits are taken into account. In this case, solely
reporting farm level benefits hugely understates the returns to the R&D investment.
The R&D policy implications of the inclusion of flow-on benefits are discussed
briefly.