The Productivity and Allocation of Research: U.S. Agricultural Experiment Stations
1976
Bredahl, Maury | Peterson, Willis
In this paper are presented estimates of the marginal products and internal rates of return to investment in agricultural research by commodity groups (cash grains, poultry, dairy, and livestock). The results are reported both in terms of national aggregates and on a state‐by‐state basis. Internal rates of return for the country as a whole range from 36% to 46%. At the state level the evidence suggests that the payoff to research is greatest for the commodities with the largest absolute value of output.
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书目信息
American journal of agricultural economics
卷
58
期
4
页码
684
- 692
ISSN
0002-9092
出版者
Oxford University Press
其它主题
United states; Agricultural experiment stations; Products and commodities
语言
英语
注释
Journal article
类型
Journal Article; Text
2024-02-28
MODS