| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
The Effect of Innovation on Agricultural and Agri-food Exports in OECD Countries
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| Autores: |
Ghazalian, Pascal L.
Furtan, William Hartley
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| Data: |
2008-03-19
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| Ano: |
2007
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| Palavras-chave: |
Agriculture
Food
Gravity equation
Innovation
OECD
R&D
International Relations/Trade
Research and Development/Tech Change/Emerging Technologies
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| Resumo: |
This paper investigates the effect of innovation on primary agricultural and processed food product exports among the Organization for Economic Cooperation and Development (OECD) countries. A theoretical gravity equation that accounts for innovation is derived. The empirical exercise uses panel data sets covering 21 OECD countries for the period 1990-2003. The R&D capital stock is employed as a tangible way of measuring innovation. Empirical results show that R&D has enhanced exports in the primary agricultural sector. Meanwhile, the market expansion effect of R&D appears to be more than offset by the market power effect in the food processing sector, resulting in a decrease in exports. Also, evidence was found of a positive vertical channeling effect through which R&D in the primary agricultural sector increases exports of processed food products.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
29207
http://purl.umn.edu/7075
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| Relação: |
Journal of Agricultural and Resource Economics>Volume 32, Number 03, December 2007
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| Formato: |
14
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