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A NEW PERSPECTIVE ON UNDERINVESTMENT IN AGRICULTURAL R&D AgEcon
Roseboom, Johannes.
During the past 40 years, the returns to agricultural R&D have been on average in the range of 40-60% (Alston, et al 2000, Evenson 2001). Many agricultural economists see this high average as convincing evidence that there is significant underinvestment in public agricultural R&D (Ruttan 1980, Pinstrup-Andersen 2001). This paper sheds new light on the underinvestment hypothesis by introducing a simple model of the selection of R&D projects and confronting it with the rate-of-return evidence accumulated over the years worldwide. The model assumes that the distribution of all possible R&D projects on an expected rate-of-return (ERR) scale declines asymptotically. Under the neoclassical conditions of full information and profit maximization,...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural R&D; Underinvestment; Rate of return; Research intensities; Research and Development/Tech Change/Emerging Technologies.
Ano: 2002 URL: http://purl.umn.edu/19648
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ASSESSING AND ATTRIBUTING THE BENEFITS FROM VARIETAL IMPROVEMENT RESEARCH: EVIDENCE FROM EMBRAPA, BRAZIL AgEcon
Pardey, Philip G.; Alston, Julian M.; Chan-Kang, Connie; Magalhaes, Eduardo Castelo; Vosti, Stephen A..
In general, reported rates of return to agricultural R&D are high, but questions have been raised about upward biases in the evidence. Among the reasons for this bias, insufficient attention to attribution aspects-matching of research benefits and costs-is a pervasive problem, the magnitude of which is illustrated here with new evidence for Brazil. Over the period 1981 to 2003, varietal improvements in upland rice, edible beans, and soybeans yielded benefits attributable to research of $14.8 billion in present value (1999 prices) terms; 6.1 percent of the corresponding value of crop output. If all of those benefits were attributed to Embrapa, a public research corporation accounting for more than half Brazil's agricultural R&D spending, the...
Tipo: Working or Discussion Paper Palavras-chave: Brazil; Agricultural R&D; Attribution; Soybeans; Rice; Beans; Benefit-cost ratios; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies.
Ano: 2002 URL: http://purl.umn.edu/16103
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INTERNATIONAL AND INSTITUTIONAL R&D SPILLOVERS: ATTRIBUTION OF BENEFITS AMONG SOURCES FOR BRAZIL'S NEW CROP VARIETIES AgEcon
Pardey, Philip G.; Alston, Julian M.; Chan-Kang, Connie; Magalhaes, Eduardo Castelo; Vosti, Stephen A..
In general, reported rates of return to agricultural R&D are high, but questions have been raised about upward biases in the evidence. Among the reasons for this bias, insufficient attention to attribution aspects-matching of research benefits and costs-is a pervasive problem, the magnitude of which is illustrated here with new evidence for Brazil. Over the period 1981 to 2003, varietal improvements in upland rice, edible beans, and soybeans yielded benefits attributable to research of $14.8 billion in present value (1999 prices) terms; 6.1 percent of the corresponding value of crop output. If all of those benefits were attributed to Embrapa, a public research corporation accounting for more than half Brazil's agricultural R&D spending, the...
Tipo: Working or Discussion Paper Palavras-chave: Brazil; Agricultural R&D; Attribution; Soybeans; Rice; Beans; Benefit-cost ratios; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies.
Ano: 2002 URL: http://purl.umn.edu/14422
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INTERNATIONAL AND INSTITUTIONAL R&D SPILLOVERS: ATTRIBUTION OF BENEFITS AMONG SOURCES FOR BRAZIL'S NEW CROP VARIETIES AgEcon
Alston, Julian M.; Pardey, Philip G.; Chan-Kang, Connie; Magalhaes, Eduardo Castelo; Vosti, Stephen A..
In general, reported rates of return to agricultural R&D are high, but questions have been raised about upward biases in the evidence. Among the reasons for this bias, insufficient attention to attribution aspects-matching of research benefits and costs-is a pervasive problem, the magnitude of which is illustrated here with new evidence for Brazil. Over the period 1981 to 2003, varietal improvements in upland rice, edible beans, and soybeans yielded benefits attributable to research of $14.8 billion in present value (1999 prices) terms; 6.1 percent of the corresponding value of crop output. If all of those benefits were attributed to Embrapa, a public research corporation accounting for more than half Brazil's agricultural R&D spending, the...
Tipo: Working or Discussion Paper Palavras-chave: Brazil; Agricultural R&D; Attribution; Soybeans; Rice; Beans; Benefit-cost ratios; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies.
Ano: 2004 URL: http://purl.umn.edu/14017
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Sharing Science, Building Bridges, and Enhancing Impact: Public–Private Partnerships in the CGIAR AgEcon
Spielman, David J.; Hartwich, Frank; von Grebmer, Klaus.
This study, which examines the role of public–private partnerships in international agricultural research, is intended to provide policymakers, research managers, and business decision-makers with an understanding of how such partnerships operate and how they potentially contribute to food security and poverty reduction in developing countries. The study examines public–private partnerships in light of persistent market failure, institutional constraints, and systemic weaknesses, which impede the exchange of potentially pro-poor knowledge and technology. The study focuses on three key issues: whether public–private partnerships contribute to reducing the cost of research, whether they add value to research by facilitating innovation, and whether they...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural R&D; CGIAR; Innovation; Public–private partnerships; Research and Development/Tech Change/Emerging Technologies.
Ano: 2007 URL: http://purl.umn.edu/42405
Registros recuperados: 5
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