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The Returns to Sheep Research in Canada: 1968-1984

Author

Listed:
  • Horbasz, C. N.
  • Fox, G.
  • Brinkman, G. L.

Abstract

The returns to Canadian federal sheep research expenditures between 1968 and 1984 are estimated using the economic surplus approach. Ex post and ex ante measures of the change in producers' surplus are compared. Regression analysis is used to estimate the lag structure of the effects of research on the national supply function, facilitating the estimation of returns on average and at the margin. The effect of the excess burden of tax collection on returns to sheep research was investigate􀀚 The internal rate of return to sheep research was found to be about·25% at the margin exclusive of the effects of the excess burden. This rate of return fell to 20% when the costs of an excess burden of 20c on the dollar was assumed.

Suggested Citation

  • Horbasz, C. N. & Fox, G. & Brinkman, G. L., 1988. "The Returns to Sheep Research in Canada: 1968-1984," Department of Agricultural Economics and Business 258613, University of Guelph.
    • Handle: RePEc:ags:uguaeb:258613
    DOI: 10.22004/ag.econ.258613
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    References listed on IDEAS

    as
    1. Haque, A.K. Enamul & Fox, Glenn & Brinkman, George L., 1987. "The Rate of Return to Egg Research in Canada- 1968-1984," Working Papers 244822, University of Guelph, Department of Food, Agricultural and Resource Economics.
    2. Masakatsu Akino & Yujiro Hayami, 1975. "Efficiency and Equity in Public Research: Rice Breeding in Japan's Economic Development: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(4), pages 734-735.
    3. Willis L. Peterson, 1967. "Return to Poultry Research in the United States," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 49(3), pages 656-669.
    4. Peter Tryfos, 1974. "Canadian Supply Functions for Livestock and Meat," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(1), pages 107-113.
    5. Browning, Edgar K, 1976. "The Marginal Cost of Public Funds," Journal of Political Economy, University of Chicago Press, vol. 84(2), pages 283-298, April.
    6. Browning, Edgar K, 1987. "On the Marginal Welfare Cost of Taxation," American Economic Review, American Economic Association, vol. 77(1), pages 11-23, March.
    7. White, Fred C. & Havlicek, Joseph, Jr., 1981. "Interregional Spillover of Agricultural Research Results and Intergovernmental Finance: Some Preliminary Results," Evaluation of Agricultural Research, Proceedings of a Workshop, Minneapolis, MN, May 12-13, 1980, Miscellaneous Publication 8 49019, University of Minnesota, Agricultural Experiment Station.
    8. Lome Widmer & Glenn Fox & George L. Brinkman, 1988. "The Rate of Return to Agricultural Research in a Small Country: The Case of Beef Cattle Research in Canada," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 36(1), pages 23-35, March.
    9. Zachariah, Oswald E. R. & Fox, Glenn & Brinkman, George L., 1988. "The Returns to Broiler Research in Canada: 1968 to 1984," Department of Agricultural Economics and Business 258611, University of Guelph.
    10. E. Boyd Wennergren & Morris D. Whitaker, 1977. "Social Return to U.S. Technical Assistance in Bolivian Agriculture: The Case of Sheep and Wheat," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(3), pages 565-569.
    11. Glenn Fox, 1985. "Is the United States Really Underinvesting in Agricultural Research?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(4), pages 806-812.
    12. Ballard, Charles L & Shoven, John B & Whalley, John, 1985. "General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States," American Economic Review, American Economic Association, vol. 75(1), pages 128-138, March.
    13. R. K. Lindner & F. G. Jarrett, 1978. "Supply Shifts and the Size of Research Benefits," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 48-58.
    14. Stuart, Charles E, 1984. "Welfare Costs per Dollar of Additional Tax Revenue in the United States," American Economic Review, American Economic Association, vol. 74(3), pages 352-362, June.
    15. Masakatsu Akino & Yujiro Hayami, 1975. "Efficiency and Equity in Public Research: Rice Breeding in Japan's Economic Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(1), pages 1-10.
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