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The Returns to Canadian Federal Swine Research - 1968 to 1984

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  • Huot, Marie-France
  • Fox, Glenn
  • Brinkman, George

Abstract

This paper examines the economic impact of swine research undertaken by Agriculture Canada from 1968 to 1984. The economic surplus approach is used to estimate the returns to this research and to determine the distribution of benefits between producers and consumers. The ex ante and ex post approaches to measuring changes in producers' surplus are compared. The impact of the marginal excess burden of taxes on measures of net benefits from research is examined J The internal rate of return of net benefits from research is examined J The internal rate of return to expenditures on swine research was found to be between 45% and 50% at the margin. About 85% of the benefits accrued to Canadian hog producers.

Suggested Citation

  • Huot, Marie-France & Fox, Glenn & Brinkman, George, 1988. "The Returns to Canadian Federal Swine Research - 1968 to 1984," Department of Agricultural Economics and Business 258612, University of Guelph.
    • Handle: RePEc:ags:uguaeb:258612
    DOI: 10.22004/ag.econ.258612
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    References listed on IDEAS

    as
    1. Meilke, Karl D. & Coleman, Jonathan R., 1986. "An Evaluation of the Influence of Exchange Rates on the Canadian Red Meat Sector," Working Papers 156229, University of Guelph, Department of Food, Agricultural and Resource Economics.
    2. Masakatsu Akino & Yujiro Hayami, 1975. "Efficiency and Equity in Public Research: Rice Breeding in Japan's Economic Development: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 734-735.
    3. Willis L. Peterson, 1967. "Return to Poultry Research in the United States," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 49(3), pages 656-669.
    4. Browning, Edgar K, 1976. "The Marginal Cost of Public Funds," Journal of Political Economy, University of Chicago Press, vol. 84(2), pages 283-298, April.
    5. McKenzie,George W., 1983. "Measuring Economic Welfare," Cambridge Books, Cambridge University Press, number 9780521248624.
    6. Browning, Edgar K, 1987. "On the Marginal Welfare Cost of Taxation," American Economic Review, American Economic Association, vol. 77(1), pages 11-23, March.
    7. Van Kooten, G. C., 1987. "The Economic Impacts on Consumers of Government Intervention in the Poultry and Egg Sectors: A Comparison of Alternative Welfare Measures," Working Papers 243873, Agriculture and Agri-Food Canada.
    8. White, Fred C. & Havlicek, Joseph, Jr., 1981. "Interregional Spillover of Agricultural Research Results and Intergovernmental Finance: Some Preliminary Results," Evaluation of Agricultural Research, Proceedings of a Workshop, Minneapolis, MN, May 12-13, 1980, Miscellaneous Publication 8 49019, University of Minnesota, Agricultural Experiment Station.
    9. Lome Widmer & Glenn Fox & George L. Brinkman, 1988. "The Rate of Return to Agricultural Research in a Small Country: The Case of Beef Cattle Research in Canada," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 36(1), pages 23-35, March.
    10. K. D. Meilke & A. C. Zwart & L. J. Martin, 1974. "North American Hog Supply: A Comparison Of Geometric And Polynomial Distributed Lag Models," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 22(2), pages 15-30, July.
    11. Glenn Fox, 1985. "Is the United States Really Underinvesting in Agricultural Research?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(4), pages 806-812.
    12. Ballard, Charles L & Shoven, John B & Whalley, John, 1985. "General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States," American Economic Review, American Economic Association, vol. 75(1), pages 128-138, March.
    13. R. K. Lindner & F. G. Jarrett, 1978. "Supply Shifts and the Size of Research Benefits," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 48-58.
    14. Stuart, Charles E, 1984. "Welfare Costs per Dollar of Additional Tax Revenue in the United States," American Economic Review, American Economic Association, vol. 74(3), pages 352-362, June.
    15. Masakatsu Akino & Yujiro Hayami, 1975. "Efficiency and Equity in Public Research: Rice Breeding in Japan's Economic Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(1), pages 1-10.
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