 The impact of public R&D and extension expenditure on Italian agriculture: an application of a mixed parametric-nonparametric approachEuropean Review of Agricultural Economics, 2000, vol. 27, issue 3, 365-384 Abstract: The paper analyses technical change in Italian agriculture, focusing both on the effects of public R&D-extension investments and on the induced innovation hypothesis. A mixed parametric-nonparametric approach is used. First, in a multi-output framework, technical change is depicted in the form of 'netput augmentation' through a non-parametric general description of the production set. Then a parametric dynamic relationship between netput augmentation, public R&D-extension investments and changes in relative prices is specified. The empirical analysis shows that the main impact of public R&D and extension investment in Italian agriculture is on capital use and animal products. A crucial role is played by market mechanisms through induced innovation. Copyright 2000, Oxford University Press. Date: 2000 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:oup:erevae:v:27:y:2000:i:3:p:365-384 Ordering information: This journal article can be ordered from Access Statistics for this article European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC. |
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