ECONOMIC INCENTIVES AND RESOURCE ALLOCATION IN U.S. PUBLIC AND PRIVATE PLANT BREEDING

Keith Fuglie () and Thomas S. Walker

Journal of Agricultural and Applied Economics, 2001, vol. 33, issue 3, 15

Abstract: Private investment in plant breeding has been increasing while public plant breeding has stagnated or declined. Moreover, research investment among crop commodities is uneven. Using a comprehensive survey of U.S. plant breeders from 1994, we use a simultaneous equations model to examine incentives and public-private tradeoffs in plant breeding research among 84 crop commodities. Allocation of private breeders among crops is strongly influenced by market size, hybrid seed technology, and ease of breeding improvement. In general, the allocation of public breeders does not appear to "crowd out" private breeders, but some competition may occur in applied breeding. Public breeding declines as private breeding increases on a commodity. Public breeding is also affected by market size, ease of breeding improvement, and political influence.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://ageconsearch.umn.edu/record/15453/files/33030459.pdf (application/pdf)

Related works:
Journal Article: Economic Incentives and Resource Allocation in U.S. Public and Private Plant Breeding (2001)
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:joaaec:15453

DOI: 10.22004/ag.econ.15453

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().