Table 3 Sensitivity of results to changes in key parameters
From: Impact and returns on investment of mungbean research and development in Myanmar
Scenario (baseline values in brackets) | Economic gain (USD billion) | NPV (USD billion) | IRR (%) | Benefit–cost ratio |
|---|---|---|---|---|
Baseline | 1.4 | 1.7 | 26.7 | 91.5 |
Supply elasticity (0.44) | ||||
0.22 | 3.4 | 4.2 | 31.5 | 222.3 |
0.32 | 2.1 | 2.6 | 28.9 | 139.1 |
0.50 | 1.2 | 1.5 | 25.8 | 77.0 |
0.70 | 0.7 | 0.9 | 23.3 | 48.0 |
Demand elasticity (0.00) | ||||
0.20 | 1.4 | 1.7 | 26.7 | 92.2 |
0.40 | 1.4 | 1.8 | 26.7 | 92.9 |
0.60 | 1.4 | 1.8 | 26.8 | 93.5 |
Discount rate (5.0%) | ||||
3.0% | 1.4 | 1.6 | 26.7 | 142.7 |
10.0% | 1.4 | 2.2 | 26.7 | 30.5 |