Agricultural research: Implications for productivity in New Zealand and Australia
AbstractR&D is as an important source of productivity growth in New Zealand and Australian agriculture. In this paper trends in public investment in R&D and in productivity growth are reviewed. Investment in R&D has been flat in both countries until an upturn in recent years in New Zealand. Nevertheless research intensity in Australia appears to have been higher than that in New Zealand. Productivity growth is also likely to have been higher. We review recent analyses and tentatively conclude that returns to investments in domestic research in both countries are likely to have been in the order of 15 - 20%.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal New Zealand Economic Papers.
Volume (Year): 42 (2008)
Issue (Month): 2 ()
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Web page: http://www.tandfonline.com/RNZP20
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- O'Donnell, Christopher J., 2009. "Measuring And Decomposing Agricultural Productivity And Profitability Change," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47625, Australian Agricultural and Resource Economics Society.
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