000			04613nam a22005175i 4500
001			978-1-4419-0658-8
003			DE-He213
005			20140220084503.0
007			cr nn 008mamaa
008			100301s2010 xxu| s |||| 0|eng d
020			_a9781441906588 _9978-1-4419-0658-8
024	7		_a10.1007/978-1-4419-0658-8 _2doi
050		4	_aHD1401-2210.2
072		7	_aTVB _2bicssc
072		7	_aKNAC _2bicssc
072		7	_aBUS070010 _2bisacsh
082	0	4	_a338.1 _223
100	1		_aAlston, Julian M. _eauthor.
245	1	0	_aPersistence Pays _h[electronic resource] : _bU.S. Agricultural Productivity Growth and the Benefits from Public R&D Spending / _cby Julian M. Alston, Matthew A. Andersen, Jennifer S. James, Philip G. Pardey.
264		1	_aNew York, NY : _bSpringer New York, _c2010.
300			_bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
490	1		_aNatural Resource Management and Policy ; _v34
505	0		_aCONTEXT -- A Brief History of U.S. Agriculture -- INPUTS, OUTPUTS AND PRODUCTIVITY -- Agricultural Inputs -- Agricultural Outputs -- Agricultural Productivity Patterns -- AGRICULTURAL R&D FUNDING AND POLICIES -- Research Funding and Performance -- The Federal Role -- MODELS OF R&D AND PRODUCTIVITY -- Research Lags and Spillovers -- Models of Research and Productivity -- Econometric Estimation and Results -- Productivity Patterns and Research Benefits -- INTERPRETATION AND SYNTHESIS -- Interpretation and Assessment of Benefit-Cost Findings -- Synthesis.
520			_aThis book documents the evolving path of U.S. agriculture in the 20th Century and the role of public R&D in that evolution. The work begins with a detailed quantitative assessment of the shifting patterns of production among the states and over time and of the public institutions and investments in agricultural R&D. Then, based on newly constructed sets of panel data, some of which span the entire 20th Century and more, the authors present new econometric evidence linking state-specific agricultural productivity measures to federal and state government investments in agricultural research and extension. The results show that the time lags between R&D spending and its effects on productivity are longer than commonly found or assumed in the prior published work. Also, the spillover effects of R&D among states are important, such that the national net benefits from a state’s agricultural research investments are much greater than own-state net benefits. The main findings are consistent across a wide range of reasonable model specifications. In sum, the benefits from past public investments in agricultural research have been worth many times more than the costs, a significant share of the benefits accrue as spillovers, and the research lags are very long. An accelerated investment in public agricultural R&D is warranted by the high returns to the nation, and may be necessary to revitalize U.S. agricultural productivity growth even though the benefits may not be visible for many years. Julian M. Alston is Professor in the Department of Agricultural and Resource Economics and Director of the Robert Mondavi Institute Center for Wine Economics at the University of California, Davis and Associate Director for Science and Technology at the University of California Agricultural Issues Center Matthew A. Andersen is Assistant Professor in the Department of Agricultural and Applied Economics at the University of Wyoming Jennifer S. James is Associate Professor in the Department of Agribusiness at California Polytechnic State University, San Luis Obispo Philip G. Pardey is Professor in the Department of Applied Economics and Director of the International Science and Technology Practice and Policy (InSTePP) Center at the University of Minnesota
650		0	_aEconomics.
650		0	_aEconomic policy.
650		0	_aFarm economics.
650	1	4	_aEconomics/Management Science.
650	2	4	_aAgricultural Economics.
650	2	4	_aEconomic Policy.
650	2	4	_aR & D/Technology Policy.
700	1		_aAndersen, Matthew A. _eauthor.
700	1		_aJames, Jennifer S. _eauthor.
700	1		_aPardey, Philip G. _eauthor.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9781441906571
830		0	_aNatural Resource Management and Policy ; _v34
856	4	0	_uhttp://dx.doi.org/10.1007/978-1-4419-0658-8
912			_aZDB-2-SBE
999			_c110232 _d110232