| Title: | Efficiency effects of agricultural economics research in the United States. |
| Authors: | Schimmelpfennig, David E.
O'Donnell, Christopher J.
Norton, George W.
USDA, ERS |
| Source: | Agricultural economics : the journal of the International Association of Agricultural Economists. 2006 May, v. 34, no. 3 Blackwell Publishing Inc., p. 273-280. |
| NALT Subjects: | agricultural economics
research
research planning
research support
farm management
extension programs
Bayesian theory
estimation
United States |
| Other Subjects: | marketing research
data envelopment analysis
management and marketing research and extension
social science research |
| Issue Date: | May-2006 |
| Abstract: | Allocations of research funds across programs are often made for efficiency reasons. Social science research is shown to have small, lagged but significant effects on U.S. agricultural efficiency when public agricultural R&D and extension are simultaneously taken into account. Farm management and marketing research variables are used to explain variations in estimates of allocative and technical efficiency using a Bayesian approach that incorporates stylized facts concerning lagged research impacts in a way that is less restrictive than popular polynomial distributed lags. Results are reported in terms of means and standard deviations of estimated probability distributions of parameters and long-run total multipliers. Extension is estimated to have a greater impact on both allocative and technical efficiency than either R&D or social science research. |
| URI: | http://hdl.handle.net/10113/14228 |
| Appears in Collections: | USDA Research and Information
|
