A Note on the Measurement of Spillovers of Agricultural Research Results

Three measures of agricultural research spillovers considered entail estimates based on (l) level of agricultural research expenditures, (2) marginal products of agricultural research and extension expenditures, and (3) marginal products of agricultural research and extension expenditures weighted by the level of agricultural research expenditures. The methods produce diverse spillovers but results indicate that spillovers generally exceed regional benefits attributable to a region's investment in agricultural research and extension. Also, ratios of spillovers to regional benefits exceed ratios of federal to state expenditures on agricultural research suggesting potential social benefits from additional financial support of agricultural research by the federal government.


Issue Date:
1983
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/159529
Published in:
Journal of the Northeastern Agricultural Economics Council, Volume 12, Number 2
Journal of the Northeastern Agricultural Economics Council
Page range:
127-130
Total Pages:
4




 Record created 2017-04-01, last modified 2017-08-27

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