INTEGRATION OF AGRICULTURE AND TECHNOLOGICAL CHANGE

Fred C. White

Agricultural and Resource Economics Review, 1995, vol. 24, issue 01, 8

Abstract: Market structure has implication for research policies. The public sector reduced its support for technological change for poultry relative to beef and pork after poultry became integrated. However, market integration causes private sector research to be below the optimal level from society's perspective. In order to get the appropriate response from the private sector, the public sector should not reduce its support for technological change after market integration. Instead, the public sector should increase its support for research such as basic science that complements private sector research.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Date: 1995
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:31473

DOI: 10.22004/ag.econ.31473

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