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Since World War II barriers to international trade in industrial commodities have been reduced while barriers to agricultural commodity trade have become more severe. During the last several decades the world has experienced cycles of "food pessimism" and "food optimism." Nevertheless, as a...
Persistent link: https://www.econbiz.de/10005338648
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In 1989 the revolutions in several Eastern European countries brought an end to The Soviet European empire and ultimately the Cold War. This paper examines the effect the end of the Soviet threat had on America's foreign assistance programs in general, and specifically on US attempts to aid the...
Persistent link: https://www.econbiz.de/10005338704
A number of very careful econometric studies have been interpreted as showing that publicly funded research and development conducted by private firms has had little discernable impact on firm level profits or productivity. In contrast historical studies have shown that military and...
Persistent link: https://www.econbiz.de/10005338707
Many researchers and commentators underestimate the length and importance of the time lags between initial research investment and ultimate impacts on the development and adoption of technological innovations. In both econometric studies of productivity and ex post and ex ante benefit-cost...
Persistent link: https://www.econbiz.de/10004991769
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In work published in the 1980's Yujro Hayami and I elaborated a theory of institutional innovations in which institutional changes are induced, on the demand side, by changes in relative resource endowments and technical change and, on the supply side, by changes in cultural endowments and...
Persistent link: https://www.econbiz.de/10005805827
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In the new science and technology policy literature that emerged in the early 1980s it was held, while public support for science is appropriate, public support for technology development represents an unproductive use of public resources. The perspective that emerges in my recent book,...
Persistent link: https://www.econbiz.de/10005806973