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Public Vs. Private Good Research at Land-Grant Universities

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  • Rausser, Gordon C.
  • Simon, Leo K.
  • Stevens, Reid

Abstract

The basic concern of this paper is the effect of private sponsorship of university research on the allocation of expenditures between public good research and commercial applications. Throughout the land-grant university system, there is much concern that as a result of reduced government funding, fundamental research will be neglected at the expense of research that is geared toward commercial applications. This paper attempts to shed some light on the relationship between research priorities and the availability of public funding for university research. In particular, we use both a static and a dynamic model to investigate the conditions under which university/private research partnerships can "crowd-in" or "crowd-out" basic science research as public funding becomes scarcer.

Suggested Citation

  • Rausser, Gordon C. & Simon, Leo K. & Stevens, Reid, 2008. "Public Vs. Private Good Research at Land-Grant Universities," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt7fb626cs, Department of Agricultural & Resource Economics, UC Berkeley.
    • Handle: RePEc:cdl:agrebk:qt7fb626cs
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    References listed on IDEAS

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    1. Alston, Julian M. & Wyatt, T. J. & Pardey, Philip G. & Marra, Michele C. & Chan-Kang, Connie, 2000. "A meta-analysis of rates of return to agricultural R & D: ex pede Herculem?," Research reports 113, International Food Policy Research Institute (IFPRI).
    2. James T. Bonnen, 1986. "A Century of Science in Agriculture: Lessons for Science Policy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(5), pages 1065-1080.
    3. Greenberg, Daniel S., 2007. "Science for Sale," University of Chicago Press Economics Books, University of Chicago Press, number 9780226306254, December.
    4. Bruce R. Beattie, 1991. "Some Almost-Ideal Remedies for Healing Land Grant Universities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(5), pages 1307-1321.
    5. Huffman, Wallace E. & Evenson, Robert E., 1993. "Science for Agriculture: A Long Term Perspective," Staff General Research Papers Archive 10997, Iowa State University, Department of Economics.
    6. Gordon Rausser, 1999. "Private/Public Research: Knowledge Assets and Future Scenarios," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(5), pages 1011-1027.
    7. Gordon C. Rausser & Pinhas Zusman, 1992. "Public Policy and Constitutional Prescription," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(2), pages 247-257.
    8. Richard E. Just & Gordon C. Rausser, 1993. "The Governance Structure of Agricultural Science and Agricultural Economics: A Call to Arms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(Special_I), pages 69-83.
    9. Bonnen, James T., 1986. "A Century Of Science In Agriculture: Lessons For Science Policy," 1986 Annual Meeting, July 27-30, Reno, Nevada 278406, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Beattie, Bruce R., 1991. "Some Almost-Ideal Remedies For Healing Land Grant Universities," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271164, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    Cited by:

    1. Peter V. Schaeffer & Scott Loveridge, 2009. "Regional Science and State Rural Policy Research," International Regional Science Review, , vol. 32(4), pages 509-522, October.

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