The impact of scientific research on australian rural productivity
1981
Hastings, Trevor
In this paper the relationship between scientific agricultural research and aggregate rural productivity is investigated. The Solow 'residual' model is used to estimate productivity changes. An attempt is made to investigate the extent to which scientific research, measured by scientific personnel, 'explains' technical change. An education and climatic variable are added to the model. The results suggest a positive relationship between scientific research, climate and aggregate productivity.
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