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Evaluating Cost and Output Levels for Agricultural Utilization Research

Published online by Cambridge University Press:  28 April 2015

Harold B. Jones Jr.
Harold B. Jones Jr.*
Affiliation:
University of Georgia, Athens, Georgia
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Extract

Public expenditures for research and development have increased very rapidly in the last two decades. Despite the apparent high payoff from this research, there is an increasingly greater reluctance on the part of legislative groups and the general public to support such research. This problem revolves around the question of social priorities, but it also involves an assessment of the value of the research investment.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 5 , Issue 2 , December 1973 , pp. 89 - 97
Copyright
Copyright © Southern Agricultural Economics Association 1973

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References

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