Investment in R&D has long been regarded as an important source of productivity growth in New Zealand and Australian agriculture. Perhaps because research lags are long, current investment in R&D is monitored closely. In this paper trends in public investment in R&D and in productivity growth...

A production function approach is used to estimate growth in farm productivity in the Australian wool industry from an estimated level of expenditure on wool production R & D. A market equilibrium model of the wool industry is then used to measure the share of total benefits from this...

Investment in R&D has long been regarded as an important source of productivity growth in New Zealand and Australian agriculture. Perhaps because research lags are long, current investment in R&D is monitored closely. In this paper trends in public investment in R&D and in productivity growth...