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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...
Persistent link: https://www.econbiz.de/10009352112
Annual data for forty-eight states are used to account for changes in the composition of input and output aggregates over space and time, and thereby to obtain new evidence on changes in inputs, outputs, and productivity in U.S. agriculture. The measures change significantly when we use...
Persistent link: https://www.econbiz.de/10009398181
Governments everywhere are trimming their support for agricultural R&D, giving greater scrutiny to the support that they do provide, and reforming the public agencies that fund, oversee, and carry out the research. This represents a break from previous patterns, which had consisted of expansion...
Persistent link: https://www.econbiz.de/10009398499
A total of 289 studies of returns to agricultural R&D were compiled and these provide 1821 estimates of rates of return. After removing statistical outliers and incomplete observations, across the remaining 1128 observations the estimated annual rates of return averaged 65 per cent overall —...
Persistent link: https://www.econbiz.de/10009398681
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Agricultural research and development has stimulated enormous increases in agricultural productivity in the twentieth century. Now, in response to common pressures, countries the world over are changing how they manage and pay for agricultural R&D. Paying for Agricultural Productivity reviews...
Persistent link: https://www.econbiz.de/10010752678
Technological advances developed through R&D have supplied the world with not only more food, but better food. This report looks at issues raised by this changing environment for agricultural productivity, agricultural R&D, and natural resource management.
Persistent link: https://www.econbiz.de/10010752684
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