WHAT VALUE IS AGRICULTURAL ECONOMICS RESEARCH?

Methods are presented for evaluating the economic benefits of agricultural economics research (AER). Decision theory and economic surplus analysis are used to evaluate returns to five representative types of AER. Benefits stem from effects of AER on economic efficiency through reduced uncertainty about optimal resource allocation or improved institutional design.


Issue Date:
2000
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21773
Total Pages:
24
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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