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Attracting and securing budgets for agricultural and applied economics departments

Author

Listed:
  • Matthew T. Holt
  • Frances R. Homans
  • Jayson Lusk
  • Rodolfo M. Nayga

Abstract

The aim of this paper is to discuss the challenges in attracting and securing adequate budgets for departments of agricultural and applied economics, while recognizing that the institutional and political contexts matter. Agricultural and applied economics departments that operate with an entrepreneurial mindset, that maintain and grow their student numbers, and that have a vibrant demand for their extension and research activities will thrive. The good news is we often have considerable control over the factors that contribute to our longer‐term success.

Suggested Citation

  • Matthew T. Holt & Frances R. Homans & Jayson Lusk & Rodolfo M. Nayga, 2024. "Attracting and securing budgets for agricultural and applied economics departments," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 46(3), pages 905-920, September.
    • Handle: RePEc:wly:apecpp:v:46:y:2024:i:3:p:905-920
    DOI: 10.1002/aepp.13443
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    References listed on IDEAS

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    1. Huffman, Wallace E. & Norton, George W. & Traxler, Greg & Frisvold, George B. & Foltz, Jeremy D., 2006. "Winners and Losers: Formula versus Competitive Funding of Agricultural Research," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 21(4), pages 1-6.
    2. Rodolfo M. Nayga & Jianhui Liu & Bachir Kassas, 2024. "The looming demographic cliff: A wake‐up call for the agricultural and applied economics profession," American Journal of Agricultural Economics, John Wiley & Sons, vol. 106(2), pages 468-484, March.
    3. Wang, Sun Ling, 2014. "Cooperative Extension System: Trends and Economic Impacts on U.S. Agriculture," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 29(01), pages 1-8.
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