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Economic Efficiency of Agricultural Research


  • Bashev, Chrabrin
  • Denchev, Rumen


The economic dimension of science has been one of the most treated problems in economics during the past three and a half decades. Over 6,000 publications appeared on the assessment of research results; several hundred formulae have been proposed to measure the efficiency of research workers, research institutions, and of science as a whole. The different aspects of research activity and its role in the realization of social goals have also been clarified. However, the overall economic theory of research efficiency is still in its formative stage. The number of studies of agricultural efficiency increased in parallel with agriculture's share in the economy, the growth of society, and with the amount of resources allocated to development of agricultural production. During the past decade, considerable progress has been made in clarifying the approach to estimation of research efficiency in agriculture, using agricultural economic analytical techniques, and identifying factors affecting efficiency growth in research and innovation. This paper presents some ideas related to scientific efficiency in agricultural research. It also estimates the economic efficiency of wheat selection in Bulgaria.

Suggested Citation

  • Bashev, Chrabrin & Denchev, Rumen, 1992. "Economic Efficiency of Agricultural Research," 1992 Occasional Paper Series No. 6 197730, International Association of Agricultural Economists.
  • Handle: RePEc:ags:iaaeo6:197730
    DOI: 10.22004/ag.econ.197730

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    References listed on IDEAS

    1. Zvi Griliches, 1958. "Research Costs and Social Returns: Hybrid Corn and Related Innovations," Journal of Political Economy, University of Chicago Press, vol. 66(5), pages 419-419.
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    Cited by:

    1. Bachev, Hrabrin, 2000. "Ефективни Форми За Организация На Аграрните Транзакции [Efficient governing forms for agrarian transactions organisation]," MPRA Paper 76517, University Library of Munich, Germany.
    2. Bachev, Hrabrin, 2019. "Evolution of agrarian research and development in Bulgaria during country’s EU Membership," MPRA Paper 99030, University Library of Munich, Germany.
    3. Bachev, Hrabrin, 2002. "Ефективност На Аграрните Организации С Отчитане На Транзакционните Разходи [Efficiency of agrarian organisations]," MPRA Paper 76521, University Library of Munich, Germany.
    4. Bachev, Hrabrin, 2003. "Организация На Снабдяването С Финанси В Българските Ферми [Governing of finance supply in Bulgarian farms]," MPRA Paper 99340, University Library of Munich, Germany.
    5. Bachev, Hrabrin & Terziev, Dimitar, 2002. "Организация На Снабдяването С Услуги В Българските Ферми [Governing of service supply in Bulgarian farms]," MPRA Paper 99406, University Library of Munich, Germany.
    6. Bachev, Hrabrin, 2020. "State, efficiency and factors for development of AKIS in Bulgaria," MPRA Paper 99601, University Library of Munich, Germany.
    7. Bachev, Hrabrin & Terziev, Dimitar, 2001. "Организация На Снабдяването Със Земя В Българските Ферми [Governing of land supply in Bulgarian farms]," MPRA Paper 99495, University Library of Munich, Germany.
    8. Bachev, Hrabrin & Tsuji, Masao, 2001. "Structures for organisation of transactions in Bulgarian agriculture," MPRA Paper 99338, University Library of Munich, Germany.
    9. Bachev, Hrabrin & Labonne, Michel, 2000. "About the organisation of agrarian innovations," MPRA Paper 99575, University Library of Munich, Germany.
    10. Bachev, Hrabrin, 2002. "Организация На Снабдяването С Материални Активи В Българските Ферми [Governing of inputs supply of Bulgarian farms]," MPRA Paper 99405, University Library of Munich, Germany.
    11. Bachev, Hrabrin, 2003. "Организация На Реализацията На Продукцията В Българските Ферми [Governing of output realisation in Bulgarian farms]," MPRA Paper 99339, University Library of Munich, Germany.
    12. Bachev, Hrabrin, 1999. "Икономика На Аграрните Институции [Economics of agrarian institutions]," MPRA Paper 76499, University Library of Munich, Germany.
    13. Bachev, Hrabrin, 2000. "Икономически Граници На Фермата [Economic boundaries of farm]," MPRA Paper 76520, University Library of Munich, Germany.
    14. Bachev, Hrabrin, 1999. "Организация На Аграрните Иновации [Organisation of agrarian inovation]," MPRA Paper 76498, University Library of Munich, Germany.

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