International R&D spillovers and productivity growth in the agricultural sector. A panel cointegration approach
AbstractWe use the new growth theory framework and panel cointegration techniques to analyse the effect of international agricultural technological spillovers on total factor productivity growth for a sample of 47 countries during the period 1970--1992. The analysis shows that total factor productivity is strongly influenced by domestic as well as foreign public research and development (R&D) spending in the agricultural sector. Geographical factors matter, in that countries located in temperate zones benefit from technological spillovers more than countries located in tropical zones. We find that the rate of return to agricultural R&D spending is higher in tropical countries. This could justify new support and an even greater investment in agricultural R&D for these countries. Copyright 2003, Oxford University Press.
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Bibliographic InfoArticle provided by Foundation for the European Review of Agricultural Economics in its journal European Review of Agricultural Economics.
Volume (Year): 30 (2003)
Issue (Month): 3 (September)
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Other versions of this item:
- Gutierrez, Michele Mario & Gutierrez, Luciano, 2003. "International R&D Spillovers And Productivity Growth In The Agricultural Sector. A Panel Cointegration Approach," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25884, International Association of Agricultural Economists.
- Gutierrez, Luciano & Guiterrez, M., 2002. "International R&D Spillovers and Productivity Growth in the Agricultural Sector A Panel Cointegration Approach," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24967, European Association of Agricultural Economists.
- Luciano Gutierrez & Michele Gutierrez, 2003. "International R&D Spillovers and Productivity Growth in the Agricultural Sector. A Panel Cointegration Approach," Econometrics 0302001, EconWPA.
- C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
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