Research incentives and tradeoff for improving productivity of different crops
Stéphane Lemarié and
Sébastien Parenty
No 245161, 149th Seminar, October 27-28, 2016, Rennes, France from European Association of Agricultural Economists
Abstract:
This paper addresses the balance between different crops and its determination by research investment. This balance results from the cropping-plan decision of the farmers. This decision depends on various factors such as the seed performance, the pest problems, the output prices, etc. We show how the introduction of a productivity decrease due to the market size of each crop is likely to set out a more equilibriated market. Further, our model analysis the main determinants of research investment by a monopoly, and shows that this investment tends to equilibrate the market.
Keywords: Agricultural and Food Policy; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 15
Date: 2016
New Economics Papers: this item is included in nep-eff
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaa149:245161
DOI: 10.22004/ag.econ.245161
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