Making Science Pay: The Economics of Agricultural R&D PolicyA comprehensive review of US agricultural research and development policy focusing on institutions and expenditures as well as proposals for change in financing, organization, and management. Agricultural economists Alston and Pardy develop the historical themes and issues in agricultural policy, the economic concepts embedded in its development, and the contemporary challenges of government involvement, funding, and research management. Includes statistical tables and charts. |
Contents
Themes and Problems of Agricultural | 23 |
FIGURES | 24 |
2A1 History of Major Legislation Affecting Federal | 59 |
2A2 Composition of Federal Outlays for RD | 73 |
2A4 Trends in PrivateSector Spending | 82 |
2A6 Funds for Cooperative Extension by Major | 89 |
CHANGING STRUCTURE OF U S AGRICULTURE | 93 |
3A1 Selected Chronological Landmarks | 116 |
the Presence of Price Policies | 191 |
5A1 Comparison between Benefits from | 197 |
6A1 Sensitivity of IRR to Changes in the | 220 |
ECONOMICS OF GOVERNMENT INVOLVEMENT | 231 |
7A1 Comparison of Checkoff and Taxpayer | 281 |
8A1 Effects of Units on Rankings in Scoring | 326 |
GETTING RESEARCH RIGHT | 328 |
Regional Research Revisited | 337 |
Common terms and phrases
adoption aggregate agricul agricultural production agricultural research allocated Alston annual appropriate average benefits and costs checkoff checkoff funds commodity taxes competitive grants Cooperative State Research Craig CSRS deadweight losses Deininger demand distortions dollar economic efficiency effects environmental estimates evaluation expenditures experiment stations extension externalities farmers federal funds figure finance formula funding government intervention greater Growth Rates Hatch act Huffman and Evenson incentives increase industry institutions investment involve labor land market failure ment million multifactor productivity OECD opportunity cost Pardey particular pollution private-sector problems productivity growth public-sector agricultural R&D public-sector R&D quality-adjusted quantity rates of return regional relatively relevant research benefits research funding research programs research resources research-induced role rural SAES SAESS scientists sector share social costs SOURCE spillovers studies supply shift taxpayer technical change tion tive trade tural U.S. agriculture underinvestment United USDA