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impact assessment report series - Grains Research & Development ...

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Impact Assessment:<br />

An Economic Analysis of Investment in the<br />

GRDC Soil Biology Program (Themes 1-3)<br />

Executive Summary ........................................................................................3<br />

1 Introduction..............................................................................................5<br />

2 Project Investment ....................................................................................6<br />

3. Activities and Outputs .............................................................................. 10<br />

4 Outcomes............................................................................................... 13<br />

5 Benefits ................................................................................................. 15<br />

6 Pathway to Adoption ................................................................................ 19<br />

7 Measurement of Benefits .......................................................................... 21<br />

7.1 Inoculants (nutrient increasing) ......................................................... 22<br />

7.2 Disease Control (including by inoculants), ........................................... 25<br />

7.3 Nutrient Balance .............................................................................. 27<br />

7.4 Other Assumptions........................................................................... 28<br />

7.5 Summary of Assumptions ................................................................. 29<br />

7.6 Results ........................................................................................... 30<br />

7.7 Sensitivity Analyses ......................................................................... 32<br />

8 Confidence Rating.................................................................................... 33<br />

9 Conclusions and Lessons Learned .............................................................. 33<br />

Acknowledgments ......................................................................................... 35<br />

References ................................................................................................... 35<br />

_________________________________________________________________<br />

Agtrans <strong>Research</strong> Page 2

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