Wang, Sun Ling; Ball, V. Eldon; Fulginiti, Lilyan E.; … - International Association of Agricultural Economists - IAAE - 2012
-in, extension activities and road density. R&D spill-in proxies were constructed based on both geographic proximity and production … profile to examine the sensitivity of the rates of return to these alternatives. We find that extension activities, road … local internal rates of return, although high, have declined through time along with investments in extension, while the …