Private Agricultural R&D in the United States

Simla Tokgöz

14 citations0/0 files storedRePEc: Research Papers in Economics

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Agricultural economics and policies Agricultural Economics and Practices Innovation Policy and R&D

Abstract

The objective of this study is to analyze the determinants of private agricultural R&D investment in the United States and the liaison between public and private R&D sectors. The empirical analysis employs U.S. agricultural data for the 1970-1996 period. The results show that federal R&D obligations for basic research, used as a proxy for the complementary role of public R&D, have a significant and positive impact on private agricultural R&D spending. In contrast, federal R&D obligations for applied research, used as a proxy for the substitute role of public R&D, are not found to have a significant impact.

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1993Innovation and Growth in the Global Economy.1996Trade in ideas Patenting and productivity in the OECD 2006Science for Agriculture: A Long‐Term Perspective 1996Agricultural Research and Development: Public and Private Investments Under Alternative Markets and Institutions 1998R&D and Productivity 1996Making Science Pay: The Economics of Agricultural R&D Policy 1994Agricultural Research Expenditures in the United States: A Public Goods Perspective 1996Making Science Pay

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