INTEGRATION OF AGRICULTURE AND TECHNOLOGICAL CHANGE

Market structure has implication for research policies. The public sector reduced its support for technological change for poultry relative to beef and pork after poultry became integrated. However, market integration causes private sector research to be below the optimal level from society's perspective. In order to get the appropriate response from the private sector, the public sector should not reduce its support for technological change after market integration. Instead, the public sector should increase its support for research such as basic science that complements private sector research.


Issue Date:
1995-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31473
Published in:
Agricultural and Resource Economics Review, Volume 24, Number 1
Page range:
111-118
Total Pages:
8




 Record created 2017-04-01, last modified 2017-08-22

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