Economic Assessment of Food Legumes Breeding in China: Evidence Using a Provincial Level Dataset

Abstract

Advances in crop breeding techniques and economic evaluation are critical to ensuring and improving crop yields and sustainable development. Based on the provincial data on food legumes breeding (FLB) in China from 2001 to 2020, the research and development (R&D) expenditure distribution, FLB contribution rate, and R&D expenditure on FLB were estimated. The economic benefits of output per unit area and R&D expenses were evaluated, and relevant policy suggestions were put forward. The study found that: (i) the R&D expenditure on FLB’s showed a significant upward trend, and the development can be divided into a starting, stable, and rapid growth period. There were significant differences in R&D expenditures across eight provinces of China with relatively high R&D expenditures for FLB; (ii) the R&D expenditure on FLB had a significant lag in the improvement of per mu yield (1 mu = 0.067 hectares). For every 10,000 yuan increase in R&D funding for FLB, the yield per mu will increase by 0.145 kg/mu in the next five years, and the regional spillover effect of breeding costs is significant; and (iii) the marginal revenue of R&D expenditures FLB from 2008 to 2020 is 34.91 yuan, that is, every 1 yuan invested in breeding R&D can bring a short-term marginal revenue of 34.91 yuan and a long-term marginal revenue of 337.23 yuan. Based on the above analysis, some recommendations were proposed and discussed, including further increasing the R&D investment of FLB, strengthening industry–university–research cooperation in breeding, improving the breeding research system, and promoting the multi-dimensional development of FLB industry–university–research services.