Private Agricultural R&D in the United States

Simla Tokgoz

Journal of Agricultural and Resource Economics, 2006, vol. 31, issue 2, 27

Abstract: The objective of this study is to analyze the determinants of private agricultural R&D investment in the United States and the liaison between public and private R&D sectors. The empirical analysis employs U.S. agricultural data for the 1970-1996 period. The results show that federal R&D obligations for basic research, used as a proxy for the complementary role of public R&D, have a significant and positive impact on private agricultural R&D spending. In contrast, federal R&D obligations for applied research, used as a proxy for the substitute role of public R&D, are not found to have a significant impact.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:8620

DOI: 10.22004/ag.econ.8620

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