Trends and composition of private food and agricultural R & D expenditures in the United States

Carl E. Pray and Catherine Neumeyer
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Carl E. Pray: Department of Agricultural Economics and Marketing, Rutgers University, Cook College, New Brunswick, New Jersey, Postal: Department of Agricultural Economics and Marketing, Rutgers University, Cook College, New Brunswick, New Jersey
Catherine Neumeyer: Department of Agricultural Economics and Marketing, Rutgers University, Cook College, New Brunswick, New Jersey, Postal: Department of Agricultural Economics and Marketing, Rutgers University, Cook College, New Brunswick, New Jersey

Agribusiness, 1990, vol. 6, issue 3, 191-207

Abstract: This article presents new data on the level and trends in private sector R & D on food, agriculture, and agricultural inputs. Private food and agricultural R & D grew about 4.6% annually between 1960 and 1986. The growth rate went down to 3.8% between 1980 and 1986. Much of the decline was accounted for by the decline in agricultural machinery R & D. Research divided by sales increased during the 1980s, indicating that the slowdown in R & D growth was due to the slowdown in sales rather than mergers or decreasing productivity of R & D.

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:6:y:1990:i:3:p:191-207

DOI: 10.1002/1520-6297(199005)6:3<191::AID-AGR2720060303>3.0.CO;2-O

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