Privatization, Public R&D Policy, and Private R&D Investment in China's Agriculture

Ruifa Hu, Qin Liang, Carl E. Pray, Jikun Huang and Yanhong H. Jin

Journal of Agricultural and Resource Economics, 2011, vol. 36, issue 2, 17

Abstract: Private R&D is a major source of innovation and productivity growth in agriculture worldwide. This paper examines trends and determinants of agricultural R&D in China. Results show that while the public sector monopolized agricultural research until recently, private agricultural R&D has grown rapidly since 2000, driven largely by agribusiness privatization. Public-sector R&D investments in basic research also encouraged private R&D research, but public investments in technology development crowded out private R&D investment. China’s private R&D investment would grow more rapidly if the government shifted public resources from technology development to basic research.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:117213

DOI: 10.22004/ag.econ.117213

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