IDEAS home Printed from https://ideas.repec.org/p/ags/uguewp/34113.html
   My bibliography  Save this paper

An Economic Analysis Of The Return To Canadian Swine Research - 1974-1997

Author

Listed:
  • Thomas, Greg
  • Fox, Glenn
  • Brinkman, George L.
  • Oxley, Jamie
  • Gill, Ravinderpal
  • Junkins, Bruce

Abstract

This paper reports a new set of estimates of the returns to swine research in Canada. These estimates were obtained using Agriculture and Agrifood Canada's Canadian Regional Agricultural Model (CRAM). Positive Mathematical Programming was incorporated into the model for use in this study. The CRAM allows the effects of supply shifts from technological change in the hog industry to interact with product and factor market conditions in the rest of Canadian agriculture. Previous estimates of the returns to Canadian swine research were obtained with a partial equilibrium model that did not allow for intra-sectoral resource use adjustments. Extensive sensitivity analysis was conducted to examine the robustness of the return estimates under variations in some of the key assumptions employed in the analysis. The costs of public and private sector swine research were estimated. Public sector research costs were inclusive of the marginal excess burden of taxation. Overall, the estimated benefits from Canadian swine research were high relative to the estimated costs for the time period considered. The estimated returns obtained in this study were higher than those obtained in an earlier study that used a partial equilibrium approach, but the differences in returns are not solely attributable to this single change in the method used in the analysis.

Suggested Citation

  • Thomas, Greg & Fox, Glenn & Brinkman, George L. & Oxley, Jamie & Gill, Ravinderpal & Junkins, Bruce, 2000. "An Economic Analysis Of The Return To Canadian Swine Research - 1974-1997," Working Papers 34113, University of Guelph, Department of Food, Agricultural and Resource Economics.
    • Handle: RePEc:ags:uguewp:34113
    DOI: 10.22004/ag.econ.34113
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/34113/files/wp0001.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.34113?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
    ---><---

    References listed on IDEAS

    as
    1. Marie-France Hout & Glenn Fox & George Brinkman, 1989. "Returns to Swine Research in Canada," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 11(2), pages 189-201.
    2. Julian M. Alston & Brian H. Hurd, 1990. "Some Neglected Social Costs of Government Spending in Farm Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(1), pages 149-156.
    3. 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.
    4. Horner, G.L. & Corman, J. & Howitt, R.E. & Carter, C.A. & MacGregor, R.J., 1992. "The Canadian Regional Agriculture Model Structure, Operation and Development," Papers 1-92, Gouvernement du Canada - Agriculture Canada.
    5. Coase, R H, 1974. "The Lighthouse in Economics," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 357-376, October.
    6. Richard E. Howitt, 1995. "Positive Mathematical Programming," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(2), pages 329-342.
    7. Browning, Edgar K, 1987. "On the Marginal Welfare Cost of Taxation," American Economic Review, American Economic Association, vol. 77(1), pages 11-23, March.
    8. Glenn Fox, 1995. "Is the United States Really Underinvesting in Agricultural Research?: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(4), pages 1051-1053.
    9. Klein, K. K. & Freeze, B. & Clark, J. Stephen & Fox, G., 1994. "Returns to beef research in Canada: A comparison of time series and mathematical programming approaches," Agricultural Systems, Elsevier, vol. 46(4), pages 443-459.
    10. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    11. K. K. Klein & B. Freeze & Allan M. Walburger, 1996. "Economic Returns to Yield-increasing Research on Wheat in Western Canada," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 44(3), pages 207-208, November.
    12. White, Fred C., 1995. "Integration Of Agriculture And Technological Change," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 24(1), pages 1-8, April.
    13. Stephan, Paula E., 2010. "The Economics of Science," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 217-273, Elsevier.
    14. 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.
    15. 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.
    16. 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.
    17. White, Fred C., 1995. "Integration of Agriculture and Technological Change," Agricultural and Resource Economics Review, Cambridge University Press, vol. 24(1), pages 111-118, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michael Harris & Alan Lloyd, 1991. "The Returns to Agricultural Research and the Underinvestment Hypothesis ‐ A Survey," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 24(3), pages 16-27, July.
    2. Radhakrishnan, Manju & Islam, Nazrul & Ward, Glynn, 2009. "Measuring the benefits from R&D investment beyond the farm gate: the case of the WA wine industry," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 48169, Australian Agricultural and Resource Economics Society.
    3. 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.
    4. Huot, Marie-France & Fox, Glenn & Brinkman, George, 1988. "The Returns to Canadian Federal Swine Research - 1968 to 1984," Department of Agricultural Economics and Business 258612, University of Guelph.
    5. Bob Crabtree & Jacqueline Potts & Trevor Smart, 2000. "Statistical Modelling of Incentive Design Under Limited Information ‐ The Case of Public Access to Farmland," Journal of Agricultural Economics, Wiley Blackwell, vol. 51(2), pages 239-251, May.
    6. 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.
    7. Ian W.H. Parry, 2002. "A Second-Best Analysis of Environmental Subsidies," Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 28, pages 555-572, Edward Elgar Publishing.
    8. baharumshah, ahmad, 1992. "Income Redistribution Through Commodity Programmes and the Marginal Welfare Cost of Taxation," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 25(June), pages 47-61.
    9. Widmer, Lorne & Fox, Glenn & Brinkman, George, 1987. "The Rate of Return to Beef Cattle Research in Canda," Working Papers 244821, University of Guelph, Department of Food, Agricultural and Resource Economics.
    10. Bovenberg, A. Lans & Goulder, Lawrence H., 2002. "Environmental taxation and regulation," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 23, pages 1471-1545, Elsevier.
    11. Ian W.H. Parry, 1999. "Agricultural Policies in the Presence of Distorting Taxes," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(1), pages 212-230.
    12. Brinkman, George L., 2004. "Strategic Policy Issues for Agricultural Research in Canada," CAFRI: Current Agriculture, Food and Resource Issues, Canadian Agricultural Economics Society, issue 5, pages 1-17, May.
    13. Roseboom, Johannes, 2002. "A New Perspective On Underinvestment In Agricultural R&D," 2002 Annual meeting, July 28-31, Long Beach, CA 19648, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Chang, Ching-Cheng & Eddleman, Bobby R. & McCarl, Bruce A., 1991. "Potential Benefits Of Rice Variety And Water Management Improvements In The Texas Gulf Coast," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(2), pages 1-9, December.
    15. Harvey, David R., 2003. "Policy Dependency And Reform: Economic Gains Versus Political Pains," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25865, International Association of Agricultural Economists.
    16. Paula E. Stephan, 2004. "Robert K. Merton's perspective on priority and the provision of the public good knowledge," Scientometrics, Springer;Akadémiai Kiadó, vol. 60(1), pages 81-87, May.
    17. Élodie Bertrand, 2006. "La thèse d'efficience du « théorème de Coase ». Quelle critique de la microéconomie ?," Revue économique, Presses de Sciences-Po, vol. 57(5), pages 983-1007.
    18. Hanson, Kenneth & Somwaru, Agapi, 2003. "Distributional Effects of U.S. Farm Commodity Programs: Accounting for Farm and Non-Farm Households," Conference papers 331120, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    19. Walter Block, 2010. "Rejoinder To Boettke On Coasean Economics And Communism," Romanian Economic Business Review, Romanian-American University, vol. 5(3), pages 9-30, September.
    20. Walter Block & William Barnett, 2009. "Coase and Bertrand on lighthouses," Public Choice, Springer, vol. 140(1), pages 1-13, July.

    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:uguewp:34113. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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/dagueca.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.