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Registros recuperados: 85 | |
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Alston, Julian M.. |
Interstate and international spillovers from public agricultural research and development (R&D) investments account for a significant share of agricultural productivitygrowth. Hence, spillovers of agricultural R&D results across geopolitical boundaries have implications for measures of research impacts on productivity, and the implied rates of return to research, as well as for state, national and international agricultural research policy. In studies of aggregate state or national agricultural productivity, interstate or international R&D spillovers might account for half or more of the total measured productivitygrowth. Similarly, results from studies of particular crop technologies indicate that international technology spillovers, and... |
Tipo: Article |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 2002 |
URL: http://purl.umn.edu/118618 |
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Alston, Julian M.; Craig, Barbara J.; Pardey, Philip G.. |
Econometric studies of the effects of research on productivity have typically imposed arbitrary restrictions on the length and shape of the R&D on productivity and the estimated rate of return to research. This paper argues that the useful stock of public knowledge depreciates, if at all, only gradually, and we use this notion to develop a new model, which we test using data on aggregate U.S. agriculture. We reject the conventional specification in favor of a more flexible, dynamic, alternative model, in which the impact of R&D on productivity lasts much longer than in previous studies. Consequently, the real, marginal rate of return to public agricultural R&D in the United States is estimated to be less than 10 percent per annum, much smaller... |
Tipo: Working or Discussion Paper |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 1998 |
URL: http://purl.umn.edu/16102 |
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Alston, Julian M.; Pardey, Philip G.; Ruttan, Vernon W.. |
Many researchers and commentators underestimate the length and importance of the time lags between initial research investment and ultimate impacts on the development and adoption of technological innovations. In both econometric studies of productivity and ex post and ex ante benefit-cost evaluations of research investments, researchers typically impose untested assumptions about the R&D lag, which can have profound implications for the results. In this paper we present a range of evidence on agricultural R&D lags including both aggregative analysis of U.S. agricultural productivity using time series data, and some specific details on the timelines for the research, development, and adoption processes for particular mechanical and biological... |
Tipo: Working or Discussion Paper |
Palavras-chave: Research and Development/Tech Change/Emerging Technologies. |
Ano: 2008 |
URL: http://purl.umn.edu/50091 |
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Registros recuperados: 85 | |
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