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R&D Investments, technology spillovers and agricultural productivity, case of the Czech Republic

Author

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  • Tomas RATINGER

    (Technological Centre of the Academy of Sciences, Prague, Czech Republic)

  • Zuzana KRISTKOVA

    (Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences, Prague, Czech Republic)

Abstract

The objective of the paper is to quantify the effect of the R&D investments on agricultural productivity in the Czech Republic using the co-integration analysis. The effect of the R&D investments is measured by a knowledge stock constructed using a gamma distribution with lags ranging from 7 to 15 years. The relationship between the total factor productivity in agriculture, the domestic knowledge stock and the foreign R&D spillovers approximated by the imports of agricultural technologies is examined using an error correction model. Whereas the estimates confirm that domestic research plays a positive role in agricultural productivity, the results for the foreign R&D spillovers are rather weak. Furthermore, there is little evidence that either length of time or the functional form of weights plays a major role in assessing the dependence of the productivity on R&D investments; however, the models with the knowledge distribution lags longer than 7 years perform better.

Suggested Citation

  • Tomas RATINGER & Zuzana KRISTKOVA, 2015. "R&D Investments, technology spillovers and agricultural productivity, case of the Czech Republic," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 61(7), pages 297-313.
    • Handle: RePEc:caa:jnlage:v:61:y:2015:i:7:id:148-2014-agricecon
    DOI: 10.17221/148/2014-AGRICECON
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    References listed on IDEAS

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