Hostname: page-component-586b7cd67f-l7hp2 Total loading time: 0 Render date: 2024-11-25T18:02:15.407Z Has data issue: false hasContentIssue false
  • English
  • Français

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

Published online by Cambridge University Press:  10 May 2017

Blair L. Smith ,
George W. Norton  and
Joseph Havlicek Jr.
Blair L. Smith
Affiliation:
Department of Agricultural Economics, Virginia Polytechnic Institute and State University
George W. Norton
Affiliation:
Department of Agricultural Economics, Virginia Polytechnic Institute and State University
Joseph Havlicek Jr.
Affiliation:
Department of Agricultural and Resource Economics, University of Maryland
Get access

Abstract

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.

Type
Contributed Papers
Information
Journal of the Northeastern Agricultural Economics Council , Volume 12 , Issue 2 , Fall 1983 , pp. 109 - 115
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

The authors would like to thank Ernest Bentley for his helpful comments and suggestions. Funding for this research was provided by CSRS, USDA through IR-6, “National and Regional Research Planning, Evaluation, Analysis, and Coordination.” Scientific Article No. A-3520, Contribution No. 6594 of the Maryland Agricultural Experiment Station.

References

Bredahl, Maury and Peterson, Willis. “The Productivity and Allocation of Research: U.S. Agricultural Experiment Stations.” Amer. J. Agr. Econ. 58 (1976): 684–692.Google Scholar
Davidson, Russell and MacKinnon, James G. “Several Tests for Model Specification in the Presence of Alternative Hypotheses.” Econometrica, 49 (1981): 781–793Google Scholar
Evenson, Robert E. “The Contribution of Agricultural Research to Production.” J. Farm Econ. 49 (1968): 1415–1425.Google Scholar
Griliches, Zvi and Ringstad, V. Economics of Scale and the Form of the Production Functions. North Holland Pub. Co., Amsterdam, 1971.Google Scholar
Kunz, Janic J. and Purcell, Joseph C. Value of Production and Value-Added, USDA, IR-6 Information Report, Numbers 1–61, 1981.Google Scholar
Norton, George W. “The Productivity and Allocation of Research: U.S. Agricultural Experiment Stations: Revisited,” North Central J. Agr. Econ., 3 (1981): 1–12.Google Scholar
Otto, Daniel M. “An Economic Assessment of Research and Extension Investment in Corn, Wheat, Soybeans, and Sorghum.” Ph.D. Thesis, Virginia Polytechnic Institute and State University, 1981.Google Scholar
Smith, Blair L. “Impacts of Investment in Agricultural Research on Value-Added for Selected Commodity Groups.” Masters Thesis, Virginia Polytechnic Institute and State University, December 1982.Google Scholar
U.S. Department of Agriculture. Agricultural Prices, 1978 Annual Summary, ESCS, Crop Reporting Board, June 1979.Google Scholar
U.S. Department of Agriculture. Commercial Fertilizer: Consumption By Census for the Year Ended June 30, 1978. ESCS, Crop Reporting Board, December, 1978.Google Scholar
U.S. Department of Agriculture. Farm Labor. ESCS, Crop Reporting Board, May 25 and November 22, 1978.Google Scholar
U.S. Department of Agriculture. Farm Real Estate Market Development, ESCS, Supplement No. 1 to CD83, March 1979.Google Scholar
U.S. Department of Agriculture. Inventory of Agricultural Research. Vol. II, Table II-B, FY 1969 through 1978.Google Scholar
U.S. Department of Agriculture. Meat Animals: Production, Disposition, and Income 1978–1979. ESCS, Crop Reporting Board, April 1980.Google Scholar
U.S. Department of Commerce, Bureau of the Census. Census of Agriculture, 1978. Vol. I, State Data, parts 1–48, Washington, D.C., 1980.Google Scholar