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Agricultural R&D investments in Brazil: global responses and local spillovers

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Listed:
  • Zanetti de Lima, Cicero
  • Martha, Geraldo
  • Barioni, Luis G.
  • Baldos, Uris Lantz
  • Hertel, Thomas

Abstract

Brazil has made significant investments in public agricultural research and development (R&D) over the past 50 years. This policy priority has allowed the country to achieve high levels of total factor productivity (TFP) growth, especially in the past two decades1,2. These investments have benefitted consumers, both in Brazil and worldwide. Brazil had not fully recovered from a recent economic recession (mid-2014 to 2016) when the COVID-19 pandemic hit the global economy. Before COVID-19 public agricultural R&D expenditures in Brazil had already declined compared to its 2000-2017 levels2. The fiscal deterioration in the wake of this pandemic could further jeopardize Brazil’s capacity to invest in agricultural R&D. This paper explores the potential consequences of such a slowdown in public agricultural R&D expenditures in Brazil, and hence on productivity growth rates, land use, agricultural output, yields, and food prices at both the national and global levels over the 2017–2050 horizon.

Suggested Citation

  • Zanetti de Lima, Cicero & Martha, Geraldo & Barioni, Luis G. & Baldos, Uris Lantz & Hertel, Thomas, 2022. "Agricultural R&D investments in Brazil: global responses and local spillovers," Conference papers 333395, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:333395
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    References listed on IDEAS

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    1. Philip G. Pardey & Connie Chan-Kang & Steven P. Dehmer & Jason M. Beddow, 2016. "Agricultural R&D is on the move," Nature, Nature, vol. 537(7620), pages 301-303, September.
    2. repec:oup:apecpp:v:40:y:2018:i:3:p:421-444. is not listed on IDEAS
    3. Nelson B Villoria, 2019. "Technology Spillovers and Land Use Change: Empirical Evidence from Global Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 101(3), pages 870-893.
    4. R. de Oliveira Silva & L. G. Barioni & J. A. J. Hall & M. Folegatti Matsuura & T. Zanett Albertini & F. A. Fernandes & D. Moran, 2016. "Increasing beef production could lower greenhouse gas emissions in Brazil if decoupled from deforestation," Nature Climate Change, Nature, vol. 6(5), pages 493-497, May.
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