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Economics of Research and Innovation in Agriculture - Chicago Scholarship Online
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Economics of Research and Innovation in Agriculture

Petra Moser


Over the last 50 years, mechanical, biological, and chemical innovations have increased agricultural output while scarcely changing input quantities. Yet, returns to agricultural R&D are difficult to measure. Even when costs and benefits are known, creating accurate summary statistics can be challenging. Recent studies find that returns to agricultural research have been declining, and that total factor productivity growth declined in agriculture, while effective research investments rose, suggesting that research productivity declined. Also, the share of GDP to agricultural R&D has declined i ... More

Keywords: innovation, agriculture, science, R&D, patents, knowledge spillovers, research, technology adoption, selection bias, productivity

Bibliographic Information

Print publication date: 2021 Print ISBN-13: 9780226779058
Published to Chicago Scholarship Online: May 2022 DOI:10.7208/chicago/9780226779195.001.0001


Affiliations are at time of print publication.

Petra Moser, editor
New York University

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Petra Moser

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2 Quantifying Heterogeneous Returns to Genetic Selection

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3 Yield Performance of Corn under Heat Stress

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