Returns to public sector plant breeding in the presence of spill-ins and private goods: The case of bean research in Michigan

This article illustrates a methodology for assessing economic returns to a publicly funded breeding program in the presence of private sector investments, and spill‐ins from other contemporary public institutions and past research efforts. The approach consists of determining yield gains from bean i...

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Autores principales: Maredia, Mywish K., Bernsten, Richard, Ragasa, Catherine
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 2010
Materias:
Acceso en línea:https://hdl.handle.net/10568/154871
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author Maredia, Mywish K.
Bernsten, Richard
Ragasa, Catherine
author_browse Bernsten, Richard
Maredia, Mywish K.
Ragasa, Catherine
author_facet Maredia, Mywish K.
Bernsten, Richard
Ragasa, Catherine
author_sort Maredia, Mywish K.
collection Repository of Agricultural Research Outputs (CGSpace)
description This article illustrates a methodology for assessing economic returns to a publicly funded breeding program in the presence of private sector investments, and spill‐ins from other contemporary public institutions and past research efforts. The approach consists of determining yield gains from bean improvement research; applying these yield gain estimates to measure benefits attributable to different institutional players and time periods; and then assessing the benefit‐cost ratios of investments in a bean improvement program since 1980 by Michigan State University (MSU). The results indicate that investments in MSU's bean breeding program have yielded benefits to costs ratio in the range of 0.7 to 2.2, depending on the attribution rule used to estimate the benefits. The estimated benefit/cost ratios reported in this study are lower‐bound estimates, as they do not account for potential benefits from area planted to MSU varieties outside of Michigan (spillover effects), which was 1.5 times greater than the area planted to MSU‐bred varieties within Michigan in the period 1998–2002. The implications of the increasingly privatized bean seed markets for the role of public sector research in bean improvement research are discussed.
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spelling CGSpace1548712024-11-15T08:52:55Z Returns to public sector plant breeding in the presence of spill-ins and private goods: The case of bean research in Michigan Maredia, Mywish K. Bernsten, Richard Ragasa, Catherine agriculture This article illustrates a methodology for assessing economic returns to a publicly funded breeding program in the presence of private sector investments, and spill‐ins from other contemporary public institutions and past research efforts. The approach consists of determining yield gains from bean improvement research; applying these yield gain estimates to measure benefits attributable to different institutional players and time periods; and then assessing the benefit‐cost ratios of investments in a bean improvement program since 1980 by Michigan State University (MSU). The results indicate that investments in MSU's bean breeding program have yielded benefits to costs ratio in the range of 0.7 to 2.2, depending on the attribution rule used to estimate the benefits. The estimated benefit/cost ratios reported in this study are lower‐bound estimates, as they do not account for potential benefits from area planted to MSU varieties outside of Michigan (spillover effects), which was 1.5 times greater than the area planted to MSU‐bred varieties within Michigan in the period 1998–2002. The implications of the increasingly privatized bean seed markets for the role of public sector research in bean improvement research are discussed. 2010-09 2024-10-01T14:04:28Z 2024-10-01T14:04:28Z Journal Article https://hdl.handle.net/10568/154871 en Limited Access Wiley Maredia, Mywish K.; Bernsten, Richard; Ragasa, Catherine. 2010. Returns to public sector plant breeding in the presence of spill-ins and private goods: The case of bean research in Michigan. Agricultural Economics 41(5): 425-442. https://doi.org/10.1111/j.1574-0862.2010.00455.x
spellingShingle agriculture
Maredia, Mywish K.
Bernsten, Richard
Ragasa, Catherine
Returns to public sector plant breeding in the presence of spill-ins and private goods: The case of bean research in Michigan
title Returns to public sector plant breeding in the presence of spill-ins and private goods: The case of bean research in Michigan
title_full Returns to public sector plant breeding in the presence of spill-ins and private goods: The case of bean research in Michigan
title_fullStr Returns to public sector plant breeding in the presence of spill-ins and private goods: The case of bean research in Michigan
title_full_unstemmed Returns to public sector plant breeding in the presence of spill-ins and private goods: The case of bean research in Michigan
title_short Returns to public sector plant breeding in the presence of spill-ins and private goods: The case of bean research in Michigan
title_sort returns to public sector plant breeding in the presence of spill ins and private goods the case of bean research in michigan
topic agriculture
url https://hdl.handle.net/10568/154871
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AT bernstenrichard returnstopublicsectorplantbreedinginthepresenceofspillinsandprivategoodsthecaseofbeanresearchinmichigan
AT ragasacatherine returnstopublicsectorplantbreedinginthepresenceofspillinsandprivategoodsthecaseofbeanresearchinmichigan