The Benefits from Agricultural Research and Development, Innovation, and Productivity Growth

This report contains a review of the literature on the role of agricultural research and development in fostering innovation and productivity in agriculture. The review seeks to clarify concepts and terminology used in the area, provide a critical assessment of approaches found in the literature, re...

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Bibliographic Details
Main Author: M. Alston, Julian
Format: eBook
Language:English
Published: Paris OECD Publishing 2010
Series:OECD Food, Agriculture and Fisheries Papers
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:This report contains a review of the literature on the role of agricultural research and development in fostering innovation and productivity in agriculture. The review seeks to clarify concepts and terminology used in the area, provide a critical assessment of approaches found in the literature, report main results, and draw inferences. A key finding is that the social rate of return to investments in agricultural R&D has been generally high. Specific findings differ depending on methods and modelling assumptions, particularly assumptions concerning the research lag distribution, the nature of the research-induced technological change, and the nature of the markets for the affected commodities
Physical Description:26 p. 21 x 29.7cm