Impacts of US Public R&D Investments on Agricultural Productivity and GHG Emissions

Uris Lantz C. Baldos

Journal of Agricultural and Applied Economics, 2023, vol. 55, issue 3, 536-550

Abstract: This study formally links the literature on R&D-driven productivity growth to studies which examine GHG emission benefits from increased farm productivity growth. Using a global agricultural model and estimates from the literature, this study examines the impact of greater US public agricultural R&D spending over 2025−2035. The results show that roughly doubling public R&D investments in US agriculture could provide greater economic gains relative to its costs over the period 2017−2050. The GHG mitigation co-benefits from these investments also can be enhanced by combining R&D policies with strategies aimed at directly reducing farm inputs.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:55:y:2023:i:3:p:536-550_6

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