Impacts of Public Research Expenditures on Agricultural Value-Added in the U.S. and the Northeast

This paper illustrates differences in estimated returns to public agricultural research investments for the U.S. and the Northeast when value-added (VA) as opposed to gross production (GP) functions are estimated. Commodity groups considered are dairy, poultry, other livestock, and cash grains. Sizable differences are evident in returns estimated with VA as opposed to GP functions, with the VA estimates generally being larger. Cash grains research yields the largest returns at the margin. Dairy research is more productive in the Northeast than the rest of the country.


Issue Date:
1983
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/159546
Published in:
Journal of the Northeastern Agricultural Economics Council, Volume 12, Number 2
Journal of the Northeastern Agricultural Economics Council
Page range:
109-115
Total Pages:
7




 Record created 2017-04-01, last modified 2017-05-04

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