NY08016 - Economic Assessment of HAL Investment in Four Project Clusters for the Nursery Industry
This report presents the results of economic analyses of investments within the Nursery R&D Program of Horticulture Australia. The Program is funded by statutory levies paid by industry participants, with matching funding provided by the Australian Government up to 0.5 per cent of the industry's gross value of production. The principal purpose of the economic analyses was to contribute to a process being undertaken for the Council of Rural Research & Development Corporation Chairs (CRRDC) that aims to demonstrate through examples the outcomes and benefits that have emerged or are likely to emerge from the 15 Rural Research and Development Corporations (RDCs). Valuation of these benefits, along with identification of investment expenditure, is required in order to demonstrate their contribution to Australian rural industry as well as environmental and social benefits to Australia.