Over the past 50 years and longer, the supply of food commodities has grown faster than the effective market demand, in spite of increasing population and per capita incomes. Consequently, the real (deflated) prices of food commodities have steadily trended down. The past increases in...

A number of very careful econometric studies have been interpreted as showing that publicly funded research and development conducted by private firms has had little discernable impact on firm level profits or productivity. In contrast historical studies have shown that military and...

Recent trends in farm productivity and food prices raise concerns about whether the era of global agricultural abundance is over. Agricultural R&D is a crucial determinant of agricultural productivity and production, and therefore food prices and poverty. In this paper we review past and present...

Demand functions for teaching, research and extension (TRE) personnel in seven administrative units of U.S. agricultural experiment stations are estimated from panel data, decennial observations, 1950 to 1987. The results reveal that the demand for the services of TRE personnel has not declined...

The main purpose of this paper is to present estimates of the marginal products and rates of return to the four major categories of agricultural research conducted by U.S. agricultural experiment stations (cash grains, poultry, dairy, and livestock).

Proceedings of a Symposium Sponsored by NC-208, "Impact Analysis and Decision Strategies for Agricultural Research" held at Orlando, Florida, March 4, 1993. Contents: The Federal Context for Funding Agricultural Research, by Daryl Chubin Agricultural Research Structures in a Changing World, by...