Huffman, W.E. and O. Alfranca. ﾓPrivate R&D Investments in Agriculture: The Role of Incentives, Public Policies, and Institutions,ﾔ Econ. Dev. & Cult. Change forthcoming.

Hypotheses about state agricultural experiment stations are investigated. Formula funding is found more productive than competitive-grant funding, possibly owing to transactions costs of reviewing and misallocations of pork barrel funding. Heavier administrator involvement in problem choice is...

This paper examines efficiency implications of national and local policies for fund allocation and management of agricultural research, which produce pure and impure public goods. The possibility is examined that competitive grants programs increase rent seeking activities by scientists relative...

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Controversy surrounds the introduction of genetically modified foods. One key issue relates to tolerance levelsï¾—the impurity rate tolerated before a commodity must be labeled. Currently, the United States has not defined a tolerance level for genetically modified foods. This paper uses...

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