Barnes, Andrew P. - In: Agricultural Economics of Agricultural Economists 27 (2002) 1
tends to measure the effect of research expenditure against growth in total factor productivity (TFP), based on market … productivity growth, TFP indices become a misleading measure of growth. This paper integrates some non-market components into the … effect of agricultural R&D expenditures. Furthermore, with changes in policy towards more socially acceptable but non-productivity …