Recalibrating the reported returns to agricultural R&D: what if we all heeded Griliches?
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.338519
Download full text from publisher
References listed on IDEAS
- Hall, Bronwyn H. & Mairesse, Jacques & Mohnen, Pierre, 2010.
"Measuring the Returns to R&D,"
Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 1033-1082,
Elsevier.
- Bronwyn H. Hall & Jacques Mairesse & Pierre Mohnen, 2009. "Measuring the Returns to R&D," NBER Working Papers 15622, National Bureau of Economic Research, Inc.
- Hall, Bronwyn H. & Mairesse, Jacques & Mohnen, Pierre, 2010. "Measuring the Returns to R&D," MERIT Working Papers 2010-006, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Bronwyn H. Hall & Jacques Mairesse & Pierre Mohnen, 2010. "Measuring the Returns to R&D," CIRANO Working Papers 2010s-02, CIRANO.
- Alston, Julian M. & Marra, Michele C. & Pardey, Philip G. & Wyatt, T.J., 2000.
"Research returns redux: a meta-analysis of the returns to agricultural R&D,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(2), pages 1-31.
- Alston, Julian M. & Marra, Michele C. & Pardey, Philip G. & Wyatt, T. J., 1998. "Research returns redux: a meta-analysis of the returns to agricultural R&D," EPTD discussion papers 38, International Food Policy Research Institute (IFPRI).
- James F. Oehmke, 2017. "Re‐Examining the Reported Rates of Return to Food and Agricultural Research and Development: Comment," American Journal of Agricultural Economics, John Wiley & Sons, vol. 99(3), pages 818-826, April.
- Martin J. Bailey, 1959. "Formal Criteria for Investment Decisions," Journal of Political Economy, University of Chicago Press, vol. 67(5), pages 476-476.
- Terrance M. Hurley & Xudong Rao & Philip G. Pardey, 2017. "Re-Examining the Reported Rates of Return to Food and Agricultural Research and Development: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(3), pages 827-836.
- Rao, Xudong & Hurley, Terrance M. & Pardey, Philip G., 2019.
"Are agricultural R&D returns declining and development dependent?,"
World Development, Elsevier, vol. 122(C), pages 27-37.
- Rao, Xudong & Hurley, Terrance M. & Pardey, Philip G., 2016. "Are Agricultural R&D Returns Declining and Development Dependent?," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235962, Agricultural and Applied Economics Association.
- Julian M. Alston & Philip G. Pardey, 1996. "Making Science Pay: The Economics of Agricultural R&D Policy," Books, American Enterprise Institute, number 53242, September.
- Alston, Julian M. & Wyatt, T. J. & Pardey, Philip G. & Marra, Michele C. & Chan-Kang, Connie, 2000. "A meta-analysis of rates of return to agricultural R & D: ex pede Herculem?," Research reports 113, International Food Policy Research Institute (IFPRI).
- Alston, Julian M. & Pardey, Philip G. & Rao, Xudong, 2020. "The Payoff to Investing in CGIAR Research," Miscellaneous Publications 337029, University of Minnesota, Department of Applied Economics.
- Graham, John R. & Harvey, Campbell R., 2001. "The theory and practice of corporate finance: evidence from the field," Journal of Financial Economics, Elsevier, vol. 60(2-3), pages 187-243, May.
- James F. Oehmke, 2017. "Re-Examining the Reported Rates of Return to Food and Agricultural Research and Development: Comment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(3), pages 818-826.
- Terrance M. Hurley & Xudong Rao & Philip G. Pardey, 2014. "Re-examining the Reported Rates of Return to Food and Agricultural Research and Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(5), pages 1492-1504.
- Terrance M. Hurley & Xudong Rao & Philip G. Pardey, 2017.
"Re-Examining the Reported Rates of Return to Food and Agricultural Research and Development: Reply,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(3), pages 827-836.
- Terrance M. Hurley & Xudong Rao & Philip G. Pardey, 2017. "Re‐Examining the Reported Rates of Return to Food and Agricultural Research and Development: Reply," American Journal of Agricultural Economics, John Wiley & Sons, vol. 99(3), pages 827-836, April.
- J. Hirshleifer, 1958. "On the Theory of Optimal Investment Decision," Journal of Political Economy, University of Chicago Press, vol. 66(4), pages 329-329.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Xudong Rao & Terrance M. Hurley & Philip G. Pardey, 2020.
"Recalibrating the reported returns to agricultural R&D: what if we all heeded Griliches?,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), pages 977-1001, July.
- Rao, Xudong & Hurley, Terrance M. & Pardey, Philip G., 2017. "Recalibrating the Reported Returns to Agricultural R&D: What if We All Heeded Griliches?," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 259125, Agricultural and Applied Economics Association.
- Rao, Xudong & Hurley, Terrance M. & Pardey, Philip G., 2019. "Recalibrating the Reported Returns to Agricultural R&D: What if We All Heeded Griliches?," Staff Papers 298430, University of Minnesota, Department of Applied Economics.
- Andersen, Matthew A., 2019. "Knowledge productivity and the returns to agricultural research: a review," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(2), April.
- Magni, Carlo Alberto, 2016.
"Capital depreciation and the underdetermination of rate of return: A unifying perspective,"
Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 54-79.
- Magni, Carlo Alberto, 2016. "Capital depreciation and the underdetermination of rate of return: A unifying perspective," MPRA Paper 77401, University Library of Munich, Germany.
- Rao, Xudong & Hurley, Terrance M. & Pardey, Philip G., 2019.
"Are agricultural R&D returns declining and development dependent?,"
World Development, Elsevier, vol. 122(C), pages 27-37.
- Rao, Xudong & Hurley, Terrance M. & Pardey, Philip G., 2016. "Are Agricultural R&D Returns Declining and Development Dependent?," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235962, Agricultural and Applied Economics Association.
- Asadi, Hormoz & Zamanian, Gholamreza & Tash, Mohammad Nabi Shahiki & Ghorbani, Mohammad & Kamali, Mohammad Reza Jalal, 2017. "An Economic Analysis of Wheat Breeding Programs for Some Iranian Irrigated Bread Wheat Varieties," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 0(Issue 1), January.
- James F. Oehmke, 2017. "Re‐Examining the Reported Rates of Return to Food and Agricultural Research and Development: Comment," American Journal of Agricultural Economics, John Wiley & Sons, vol. 99(3), pages 818-826, April.
- Huimin Song & Jamie M Chen & Yibin Chen, 2021. "Mediating and moderating effects in golf tourism: Evidence from Hainan Island," Tourism Economics, , vol. 27(3), pages 510-526, May.
- Alston, Julian M. & Pardey, Philip G., 2000. "Reassessing Research Returns: Attribution and Related Problems," 2000 Conference, August 13-18, 2000, Berlin, Germany 197205, International Association of Agricultural Economists.
- Kingwell, Ross, 2018. "The Rationale for Taxpayer Support for Primary Industry Research and Innovation in Western Australia," Working Papers 274837, University of Western Australia, School of Agricultural and Resource Economics.
- Zuzana Smeets Kristkova & Michiel van Dijk & Hans van Meijl, 2015. "Long-term projections of global food security with R&D-driven technological progress," EcoMod2015 8601, EcoMod.
- Hurley, Terrance M. & Pardey, Philip G. & Rao, Xudong & Andrade, Robert S., 2016. "Returns to Food and Agricultural R&D Investments Worldwide, 1958-2015," Briefs 249356, University of Minnesota, International Science and Technology Practice and Policy.
- Alston, Julian M. & Pardey, Philip G., 2001. "Attribution and other problems in assessing the returns to agricultural R&D," Agricultural Economics, Blackwell, vol. 25(2-3), pages 141-152, September.
- Wang, Shanchao & Alston, Julian M. & Pardey, Philip G., 2023. "R&D Lags in Economic Models," Staff Papers 330085, University of Minnesota, Department of Applied Economics.
- Hosseini, S.S. & Hassanpour, E. & Sadeghian, S.Y., 2009. "An economic evaluation of Iranian public agricultural R&D policy: The case of sugarbeet," Research Policy, Elsevier, vol. 38(9), pages 1446-1452, November.
- Hurley, Terrance M. & Pardey, Philip G. & Rao, Xudong, 2013. "Returns to Food and Agricultural R&D Investments Worldwide, 1958-2011," Briefs 159649, University of Minnesota, International Science and Technology Practice and Policy.
- Carlo Alberto Magni, 2009.
"Accounting and economic measures:An integrated theory of capital budgeting,"
Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance)
0019, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
- Carlo Alberto Magni, 2009. "Accounting and economic measures: an integrated theory of capital budgeting," Proyecciones Financieras y Valoración 5983, Master Consultores.
- Julian M. Alston & Philip G. Pardey, 2020.
"Innovation, Growth, and Structural Change in American Agriculture,"
NBER Chapters, in: The Role of Innovation and Entrepreneurship in Economic Growth, pages 123-165,
National Bureau of Economic Research, Inc.
- Julian M. Alston & Philip G. Pardey, 2020. "Innovation, Growth and Structural Change in American Agriculture," NBER Working Papers 27206, National Bureau of Economic Research, Inc.
- Norbert L. W. Wilson & Lurleen M. Walters & Tara Wade & Kenesha Reynolds, 2024. "The distribution of competitive research grants from the National Institute for Food and Agriculture: A comparison of 1862 land grant universities, 1890 land grant universities, and other institutions," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 46(1), pages 76-94, March.
- Shew, Aaron M. & Nalley, Lawton L. & Durand-Morat, Alvaro & Meredith, Kylie & Parajuli, Ranjan & Thoma, Greg & Henry, Christopher G., 2021. "Holistically valuing public investments in agricultural water conservation," Agricultural Water Management, Elsevier, vol. 252(C).
- Stéphane Lemarié & Valérie Orozco & Jean-Pierre Butault & Antonio Musolesi & Michel Simioni & Bertrand Schmitt, 2020.
"Assessing the long-term impact of agricultural research on productivity: evidence from France,"
European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 47(4), pages 1559-1586.
- Stéphane Lemarié & Valérie Orozco & Jean-Pierre Butault & Antonio Musolesi & Michel Simioni & Bertrand Schmitt, 2019. "Assessing the long-term impact of agricultural research on productivity: evidence from France," Working Papers hal-02791517, HAL.
- Orozco, Valérie & Butault, Jean-Pierre & Musolesi, Antonio & Simioni, Michel & Schmitt, Bertrand & Lemarié, Stéphane, 2020. "Assessing the long-term impact of agricultural research on productivity: Evidence from France," TSE Working Papers 124051, Toulouse School of Economics (TSE).
- Stephane Lemarié & Valérie Orozco & Jean-Pierre Butault & Antonio Musolesi & Michel Simioni & Bertrand Schmitt, 2020. "Assessing the long-term impact of agricultural research on productivity: Evidence from France," Post-Print hal-02794533, HAL.
More about this item
Keywords
Research and Development/Tech Change/Emerging Technologies;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aareaj:338519. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.