HOW DO PUBLIC INSTITUTIONS SELECT COMPETITIVE AGRICULTURAL R&D PROJECTS? - THE CASE OF AN ITALIAN REGION
Valentina Cristiana Materia and
Roberto Esposti
No 57642, 113th Seminar, December 9-11, 2009, Belgrade, Serbia from European Association of Agricultural Economists
Abstract:
This paper analyses, through a Random Utility Model (RUM), how a public institution selects among competitive agricultural R&D projects on the basis of observable distinctive features. In particular, we aim at verifying if, which and how other criteria, beyond the pure scientific value, are decisive for selection. From such information, like cost, duration, etc., the institution must infer about the unobservable actual ability, effort and reliability of the scientists themselves. Such analytical framework is empirically applied to a real case, the agricultural R&D activity funded by the Emilia-Romagna Region (Italy) between 2001 and 2006.
Keywords: Agribusiness; Community/Rural/Urban Development; Public Economics (search for similar items in EconPapers)
Pages: 10
Date: 2009-12
New Economics Papers: this item is included in nep-agr and nep-ppm
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ea113a:57642
DOI: 10.22004/ag.econ.57642
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