Alston, Julian M.; Andersen, Matthew A.; James, Jennifer S. - In: American Journal of Agricultural Economics 93 (2011) 5, pp. 1257-1277
We use newly constructed state-specific data to explore the implications of common modeling choices for measures of research returns. Our results indicate that state-to-state spillover effects are important, that the research and development lag is longer than many studies have allowed, and that...