000007312 001__ 7312
000007312 005__ 20180122192840.0
000007312 037__ $$a1701-2016-139815
000007312 041__ $$aen
000007312 245__ $$aPublic Funding for Research into Specialty Crops
000007312 260__ $$c2007
000007312 269__ $$a2007
000007312 270__ $$mjulian@primal.ucdavis.edu$$pAlston,   Julian M.
000007312 270__ $$mppardey@umn.edu$$pPardey,   Philip G.
000007312 300__ $$a48
000007312 336__ $$aWorking or Discussion Paper
000007312 390__ $$aReplaced with revised version of paper 08/14/07.
000007312 490__ $$aStaff Paper P07-09
000007312 490__ $$aInSTePP Paper 07-03
000007312 500__ $$aReplaced with revised version of paper 08/14/07.
000007312 520__ $$aGovernment involvement in agricultural R&D is justified if the benefits exceed the costs. Does the private sector neglect socially profitable investments? So-called market failures in R&D can result if inventors are unable to fully appropriate the returns to their inventions - if "free-riders"-can adopt new technology and benefit from it without having to contribute to the costs of research. In agriculture, in particular, it seems likely that, absent government intervention, the private sector will invest too little in certain types of R&D, and there is a strong in-principle case for government to intervene either to improve private incentives or, more directly, to fund or undertake research.
In the United States, both state and federal governments are extensively involved in agricultural R&D. Perhaps the most obvious, and arguably the main form of involvement is the government production of agricultural science - in government labs or in public Universities - using general government revenues. This intervention is justified both in principle and by the evidence that the rates of return to public agricultural research have been very high, even with very extensive government intervention to correct the private-sector under-investment in agricultural R&D (e.g., see Alston et al. 2000). This suggests that the government intervention to date has been inadequate; that the United States could have profitably spent much more on agricultural R&D.
These observations apply to differing extents to different elements of U.S. agricultural R&D in aggregate in terms of fields of science, locations of production, or commodity orientation of research. This paper considers public funding for R&D directed to specialty crops. Specific questions to be addressed include whether R&D for specialty crops has been under-funded, both in absolute terms and relative to other crops and agriculture more generally. First, evidence is presented on past funding patterns and on rates of return; second implications of that evidence in the context of specialty crops production are discussed.
000007312 542__ $$fLicense granted by Julia Kelly (jkelly@umn.edu) on 2008-02-26T15:16:22Z (GMT):

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000007312 650__ $$aCrop Production/Industries
000007312 700__ $$aAlston, Julian M.
000007312 700__ $$aPardey, Philip G.
000007312 8564_ $$s350591$$uhttp://ageconsearch.umn.edu/record/7312/files/p07-09revised.pdf
000007312 887__ $$ahttp://purl.umn.edu/7312
000007312 909CO $$ooai:ageconsearch.umn.edu:7312$$pGLOBAL_SET
000007312 912__ $$nSubmitted by Julia Kelly (jkelly@umn.edu) on 2008-02-26T15:22:59Z
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000007312 982__ $$gUniversity of Minnesota>Department of Applied Economics>Staff Papers
000007312 980__ $$a1701