Assessing the long-term impact of agricultural research on productivity: Evidence from France

Stephane Lemarié (), Valérie Orozco (), Jean-Pierre Butault, Antonio Musolesi, Michel Simioni () and Bertrand Schmitt
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Stephane Lemarié: GAEL - Laboratoire d'Economie Appliquée de Grenoble - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement - UGA - Université Grenoble Alpes - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - UGA - Université Grenoble Alpes
Jean-Pierre Butault: ECO-PUB - Economie Publique - AgroParisTech - Université Paris-Saclay - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
Antonio Musolesi: Department of Economics and Management - UniFE - Università degli Studi di Ferrara = University of Ferrara
Michel Simioni: UMR MOISA - Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
Bertrand Schmitt: CESAER - Centre d'Economie et de Sociologie Rurales Appliquées à l'Agriculture et aux Espaces Ruraux - AgroSup Dijon - Institut National Supérieur des Sciences Agronomiques, de l'Alimentation et de l'Environnement - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Abstract: This paper analyses the economic impact of agricultural research on productivity in France over the period 1959-2012. Adopting a dynamic time series model, we provide evidence that the impact of French agricultural research is in the range of values estimated for other countries, with the estimated long-run elasticity being 0.16, which corresponds to an internal rate of return of 22%. The estimated elasticity decreases at the beginning of the 1970s. Complementary analyses are developed to take into account the evolution of the priorities of public agricultural research (reorientation towards more fundamental objectives and focus on broader objective than productivity enhancement).

Keywords: dynamic time series.; agricultural R&D; economic impact of agricultural research; knowledge stocks; France; research lags (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-agr and nep-eff
Note: View the original document on HAL open archive server: https://hal.science/hal-02794533v1
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Published in European Review of Agricultural Economics, 2020, 47 (4), pp.1559-1586. ⟨10.1093/eurrag/jbz051⟩

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Journal Article: Assessing the long-term impact of agricultural research on productivity: evidence from France (2020)
Working Paper: Assessing the long-term impact of agricultural research on productivity: evidence from France (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02794533

DOI: 10.1093/eurrag/jbz051

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