Agricultural R&D investments in Brazil: global responses and local spillovers

Cicero Zanetti de Lima, Geraldo Martha, Luis G. Barioni, Uris Lantz Baldos and Thomas Hertel

No 333395, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Brazil has made significant investments in public agricultural research and development (R&D) over the past 50 years. This policy priority has allowed the country to achieve high levels of total factor productivity (TFP) growth, especially in the past two decades1,2. These investments have benefitted consumers, both in Brazil and worldwide. Brazil had not fully recovered from a recent economic recession (mid-2014 to 2016) when the COVID-19 pandemic hit the global economy. Before COVID-19 public agricultural R&D expenditures in Brazil had already declined compared to its 2000-2017 levels2. The fiscal deterioration in the wake of this pandemic could further jeopardize Brazil’s capacity to invest in agricultural R&D. This paper explores the potential consequences of such a slowdown in public agricultural R&D expenditures in Brazil, and hence on productivity growth rates, land use, agricultural output, yields, and food prices at both the national and global levels over the 2017–2050 horizon.

Keywords: International Relations/Trade; Food Security and Poverty (search for similar items in EconPapers)
Pages: 14
Date: 2022
New Economics Papers: this item is included in nep-agr and nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/333395/files/11599.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:333395

Access Statistics for this paper

More papers in Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().