Work

The Returns to Agricultural Research in Maine: The Case of a Small Northeastern Experiment Station

Year: 1991

Type: article

Abstract: Estimates of the marginal internal rate of return to expenditures for research by the Maine Agricultural Experiment Station are presented. Estimates are performed using ridge regression under an array of specifications, including alternative functional forms, lag structures, costs of public funds, and variable specifications. The results are consistent with many previous results that imply an underinvestment in agricultural research.

Source: Northeastern Journal of Agricultural and Resource Economics

DOI: 10.1017/s0899367x00002804

Authors: James D. Leiby, Gregory D. Adams

Institutions: University of Maine, University of California, Berkeley

Language: English

Topic: Agricultural economics and policies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

Open Access status: green

Funder: U.S. Department of Agriculture

OpenAlex ID: W1491292847

FWCI:

Cites: 23

Cited by: 15

Related to: 10