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Public Inputs and Endogenous Growth in the Agricultural Sector: a Dynamic Dual Approach 31
Onofri, Alejandro; Fulginiti, Lilyan E..
This paper examines growth in the U.S. agricultural sector under the conditions hypothesized by endogenous growth theory. Public capital and R&D are explicitly considered to capture the effects of public inputs in a model based on dynamic duality theory. Results support some necessary conditions for this hypothesis to be true.
Tipo: Conference Paper or Presentation Palavras-chave: International Development.
Ano: 2001 URL: http://purl.umn.edu/20438
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PUBLIC CAPITAL, R&D, AGRICULTURAL PRODUCTION AND ENDOGENOUS GROWTH 31
Onofri, Alejandro; Fulginiti, Lilyan E..
The paper examines growth in the U.S. agricultural sector under the conditions hypothesized by endogenous growth theory. Public capital and R&D in agriculture are explicitly considered to capture the effect of public inputs. Results support some of the necessary conditions for this hypothesis to be true.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Public Economics.
Ano: 1999 URL: http://purl.umn.edu/21542
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The Dynamics of Productivity Growth in US Agriculture 31
Onofri, Alejandro; Fulginiti, Lilyan E.; Enders, Walter.
A dynamic model of productivity measurement that incorporates public goods is developed. Cointegration is used to estimate dynamic derived demands and economies of scale in US agriculture, 1948-1994. The impact of public inputs on the steady state stocks of private capital and their shadow prices are estimated.
Tipo: Conference Paper or Presentation Palavras-chave: Productivity Analysis.
Ano: 2003 URL: http://purl.umn.edu/21978
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THE STRATEGIC ROLE OF PUBLIC R&D IN AGRICULTURE 31
Onofri, Alejandro; Giannakas, Konstantinos.
The role of public agricultural R&D is analyzed in a mixed oligopoly model framework with strategic interaction among innovating firms and the government. Selective subsidization of innovating firms (i.e., targeted subsidies) is also examined. Analytical results show that the existence of public applied research can enhance the arrival rate of innovations while mitigating the socially undesirable consequences of market power in applied R&D production. Under certain conditions, direct government involvement in applied R&D is equivalent to the provision of targeted subsidies to less efficient firms.
Tipo: Conference Paper or Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2001 URL: http://purl.umn.edu/20699
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