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Impacts of Public Research Expenditures on Agricultural Value-Added in the U.S. and the Northeast

Author

Listed:
  • Smith, Blair L.
  • Norton, George W.
  • Havlicek, Joseph Jr

Abstract

This paper illustrates differences in estimated returns to public agricultural research investments for the U.S. and the Northeast when value-added (VA) as opposed to gross production (GP) functions are estimated. Commodity groups considered are dairy, poultry, other livestock, and cash grains. Sizable differences are evident in returns estimated with VA as opposed to GP functions, with the VA estimates generally being larger. Cash grains research yields the largest returns at the margin. Dairy research is more productive in the Northeast than the rest of the country.

Suggested Citation

  • Smith, Blair L. & Norton, George W. & Havlicek, Joseph Jr, 1983. "Impacts of Public Research Expenditures on Agricultural Value-Added in the U.S. and the Northeast," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 12(2), pages 1-7.
  • Handle: RePEc:ags:nareaj:159546
    DOI: 10.22004/ag.econ.159546
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    Cited by:

    1. Narrod, Clare A. & Pray, Carl E. & Tiongco, Marites, 2008. "Technology transfer, policies, and the role of the private sector in the global poultry revolution:," IFPRI discussion papers 841, International Food Policy Research Institute (IFPRI).
    2. Martinez, Stephen & Norton, George W., 1986. "Evaluating Privately Funded Public Research: An Example With Poultry And Eggs," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 18(1), pages 129-140, July.
    3. Narrod, Clare A., 2001. "Technology, Policies, And The Role Of The Private Sector In The Global Poultry Revolution," 2001: International Trade in Livestock Products Symposium, January 2001, Auckland, New Zealand 14567, International Agricultural Trade Research Consortium.

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