IDEAS home Printed from https://ideas.repec.org/p/ags/aaea15/204255.html
   My bibliography  Save this paper

The Effects of R&D on Agricultural Productivity of Australian Broadacre Agriculture: A Semiparametric Smooth Coefficient Approach

Author

Listed:
  • Khan, Farid
  • Salim, Ruhul

Abstract

This article analyses the role of research and development (R&D) in Australia's broadacre farming by using the semi-parametric smooth coefficient model proposed by Hastie and Tibshirani (1993) and Li et al (2002) and a state-level dataset covering the period 1995 to 2007. While the conventional production function approach only captures the direct effects of R&D, this methodology captures both the direct impact of a change in R&D on output and the indirect impact through changes in efficiency of use of factor inputs in the production process. The empirical results show that once both the direct and indirect effects are taken into consideration, R&D investments significantly increase outputs. The results also show that there are substantial variations in the effects of R&D on output across the states. Such variations need to be taken into account when designing policies for investing public R&D in agriculture.

Suggested Citation

  • Khan, Farid & Salim, Ruhul, 2015. "The Effects of R&D on Agricultural Productivity of Australian Broadacre Agriculture: A Semiparametric Smooth Coefficient Approach," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 204255, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea15:204255
    DOI: 10.22004/ag.econ.204255
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/204255/files/AAEA2015_Paper_Farid_Ruhul.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.204255?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Farm Management; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    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:aaea15:204255. 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.

    We have no bibliographic references for this item. You can help adding them by using 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/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.