Advertisement

Productivity Patterns and Research Benefits

  • Julian M. Alston
  • Jennifer S. James
  • Matthew A. Andersen
  • Philip G. Pardey
Chapter
Part of the Natural Resource Management and Policy book series (NRMP, volume 34)

Abstract

In Chapter 10 we reported the results from estimating models of productivity as a function of variables representing agricultural research and extension knowledge stocks. Various transformations of these models can be used to derive implications that are of interest to economists and policymakers. For instance, we can use the estimated model to evaluate the roles of policies in influencing the pas time path and spatial pattern of agricultural productivity. Alternatively, we can use the model to evaluate the future time path and spatial pattern of agricultural productivity given actual past and likely future research spending patterns or alternative counterfactual spending patterns. Or, we can compare productivity patterns under alternative scenarios of research spending patterns and infer measures such as benefit-cost ratios or internal rates of return.

Keywords

Productivity Growth Appendix Table Knowledge Stock Total Benefit Logarithmic Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  • Julian M. Alston
    • 1
  • Jennifer S. James
    • 2
  • Matthew A. Andersen
    • 3
  • Philip G. Pardey
    • 4
  1. 1.Department of Agricultural and Resource EconomicsUniversity of California, DavisDavisUSA
  2. 2.Department of AgribusinessCalifornia Polytechnic State UniversityCAUSA
  3. 3.Department of Agricultural and Applied EconomicsUniversity of WyomingWYUSA
  4. 4.Department of Applied EconomicsUniversity of MinnesotaMNUSA

Personalised recommendations