Is Investment in Agricultural Research a Good Substitute for Price Support in U.S. Cotton?

Suwen Pan, Changgang Wang and Darren Hudson

No 61608, 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado from Agricultural and Applied Economics Association

Abstract: This article examines the effects of R&D on cotton yield and relationship between R&D and commodity support programs. The results indicate that yield elasticities with respect to cotton R&D is around 0.2-0.5 based on different regions. It further indicates that R&D increases government expenditures when both commodity programs and R&D funding exist. However, if the future WTO Doha negotiations rules out the possibility of price support programs, increasing R&D funding may provide one of the solutions for farmers to recover their income with 5-6 years lag.

Keywords: Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 15
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/61608/files/aaea-10810.pdf (application/pdf)

Related works:
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:aaea10:61608

DOI: 10.22004/ag.econ.61608

Access Statistics for this paper

More papers in 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().