Evaluating Returns to Agricultural Research: A Review

cg.contributor.affiliationVirginia Techen
cg.identifier.doihttps://doi.org/10.2307/1241211en
cg.isijournalISI Journalen
cg.issn0002-9092en
cg.issn1467-8276en
cg.issue4en
cg.journalAmerican Journal of Agricultural Economicsen
cg.reviewStatusPeer Reviewen
cg.volume63en
dc.contributor.authorNorton, George W.en
dc.contributor.authorDavis, J. S.en
dc.date.accessioned2024-01-04T07:51:53Zen
dc.date.available2024-01-04T07:51:53Zen
dc.identifier.urihttps://hdl.handle.net/10568/136712
dc.titleEvaluating Returns to Agricultural Research: A Reviewen
dcterms.abstractThis paper reviews and compares the most common approaches used to evaluate public agricultural research investment. Ex post studies fall into two major groups: (a) consumer and producer surplus analyses, estimating average rates of return to research, and (b) production function analyses, estimating marginal rates of return to research. Ex ante studies fall into four groups: (a) those using scoring models to rank research activities, (b) those employing benefit‐cost analysis to establish rates of return to research, (c) those using simulation models, and (d) those using mathematical programming to select an optimal mix of research activities.en
dcterms.accessRightsLimited Access
dcterms.available1981-11
dcterms.bibliographicCitationNorton, G.W; Davis, J.S. 1981. Evaluating returns to agricultural research: A review. American Journal of Agricultural Economics 63 (4): 685-699 https://doi.org/10.2307/1241211en
dcterms.extentp. 685-699en
dcterms.issued1981-11
dcterms.languageen
dcterms.licenseCopyrighted; all rights reserved
dcterms.publisherWileyen
dcterms.replaceshttps://ebrary.ifpri.org/digital/collection/p15738coll11/id/605en
dcterms.subjecteconomics and econometricsen
dcterms.subjectagricultural and biological sciences (miscellaneous)en
dcterms.typeJournal Article

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