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|Title: ||Privatization, Public R&D Policy, and Private R&D Investment in China's Agriculture|
|Authors: ||Hu, Ruifa|
Pray, Carl E.
Jin, Yanhong H.
|Issue Date: ||2011-08|
|Abstract: ||Private R&D is a major source of innovation and productivity growth in agriculture worldwide.
This paper examines trends and determinants of agricultural R&D in China. Results show that
while the public sector monopolized agricultural research until recently, private agricultural R&D
has grown rapidly since 2000, driven largely by agribusiness privatization. Public-sector R&D
investments in basic research also encouraged private R&D research, but public investments in
technology development crowded out private R&D investment. China’s private R&D investment
would grow more rapidly if the government shifted public resources from technology development
to basic research.|
|Institution/Association: ||Journal of Agricultural and Resource Economics>Volume 36, Number 2, August 2011|
|Total Pages: ||17|
|From Page: ||416|
|To Page: ||432|
|Collections:||Volume 36, Number 2, August 2011|
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