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