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NONPARAMETRIC MEASURES OF THE IMPACTS OF PUBLIC RESEARCH EXPENDITURES ON AUSTRALIAN BROADACRE AGRICULTURE: PRELIMINARY RESULTS AgEcon
Cox, Thomas L.; Mullen, John D.; Hu, Wensheng.
Nonparametric methods are used to measure the impacts of public research expenditures on Australian broadacre agriculture over the 1953-94 period. The data and methods used were unable to recover separate impacts due to extension under several alternative specifications. Preliminary results using both unrestricted and 30 year lagged specifications of the research impacts on productivity suggest that while certain aspects of the recovered multi-input/output technologies are quite robust to alternative specifications (in particular, the associated Malmquist total factor productivity indexes), other aspects are less stable (in particular, the indexes on input (and to a lesser extent, output) biased technical change).
Tipo: Working or Discussion Paper Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 1996 URL: http://purl.umn.edu/12656
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Nonparametric measures of the impact of public research expenditures on Australian broadacre agriculture AgEcon
Cox, Thomas L.; Mullen, John D.; Hu, Wensheng.
Nonparametric methods are used to measure the impact of public research expenditures on Australian broadacre agriculture over the 1953–94 period. Results using both unrestricted and 30‐year lagged specifications of the research impacts on productivity suggest that while certain aspects of the nonparametric multi‐input/output technologies are quite robust to alternative specifications (in particular, the associated Malmquist total factor productivity indexes), other aspects are less stable (in particular, the indexes on input and, to a lesser extent, output biased technical change). Internal rates of return to research expenditures on Australian broadacre agriculture are estimated to be in the 12 per cent to 20 per cent range.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies.
Ano: 1997 URL: http://purl.umn.edu/118046
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