THE POLITICS OF UNDERINVESTMENT IN AGRICULTURAL RESEARCH

This paper develops a political economy framework that determines the factors causing underinvestment in public research expenditures. Governments are unable to fully compensate for unequal income distribution effects of research because of either their inability to make credible commitments or of deadweight costs associated with compensation.


Issue Date:
1996
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/6848
Total Pages:
22
Series Statement:
Working Paper
96-01




 Record created 2017-04-01, last modified 2017-12-04

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