Research Investment and Value Added by Texas Agricultural Production in Relation to Research Investment
Ching-Cheng Chang and
Bobby R. Eddleman
No 257885, Faculty Paper Series from Texas A&M University, Department of Agricultural Economics
A major purpose of research is to enhance the creation of wealth manifested in goods and services that provide sustenance, comfort, convenience and pleasure for individuals and society as a whole. ch year, a considerable amount of investment in agricultural production-related research is made by the Texas Agricultural Experiment Station, with a main purpose of enhancing the creation of wealth in the farm sector. This report provides information on productionrelated research investments for each agricultural commodity or enterprise relative to the value it created or added to the farm sector. Field crops and vegetables are examples of enterprises that received high research investments relative to value added. Beef and dairy cattle, and forestry are examples of enterprises that received relatively low research investments relative to value added.
Keywords: Agricultural and Food Policy; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:tamufp:257885
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