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Research Investment (research + investment)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	83%

Selected Abstracts

The political economy of public research investment and commodity policies in agriculture: an empirical study

AGRICULTURAL ECONOMICS, Issue 2 2000
Johan F.M. Swinnen
Abstract The paper tests a political economy theory of simultaneous government decision-making on income redistribution through commodity policies and on public research investment in agriculture. We use data from 37 countries on agricultural protection and public agricultural research expenditures (PARI). The empirical results are consistent with the political economy hypotheses. The analysis suggest that structural changes in the economy have important effects on the political incentives for governments not only to subsidize or tax farmers, but also to invest in public agricultural research. Furthermore, the analysis supports the hypotheses that the impact of such structural changes on government decision-making on PARI is non-linear and conditional on other factors. Regarding the impact of political institutions, the results suggest that more democracy neither leads to more distortionary transfers (agricultural protection), nor to lower investment in public goods (PARI). ©2000 Elsevier Science B.V. All rights reserved. [source]

THE ECONOMIC VALUE OF ENVIRONMENTAL RESEARCH IN UNDERSTANDING THE RELATIVE CONTRIBUTIONS OF SOURCES OF NUTRIENTS TO COASTAL WATERS

NATURAL RESOURCE MODELING, Issue 2 2006
DI JIN
ABSTRACT. We model the value of environmental research in the presence of uncertainty about thesources of environmental pollutants and natural processes affecting the level of pollution. The model may be used to estimate the value of environmental research directed at resolving the uncertainty. We illustrate the model using a numerical simulation of a hypothetical case involving nutrient pollution of coastal waters. We show that the ex ante value of research is positively related to the level of uncertainty. There is a diminishing return with respect to the level of research investment. We find that research is more valuable ex post if it leads to unexpected findings. [source]

Impact of research investment on Cassava production technologies in India,

AUSTRALIAN JOURNAL OF AGRICULTURAL & RESOURCE ECONOMICS, Issue 3 2009
Tavva Srinivas
The present study was an ex-post assessment done to validate past funding on cassava research, based on economic surplus approach. Though cassava was introduced as a food crop in Kerala, India from Brazil, it has changed its status to commercial crop at present in Tamil Nadu and Andhra Pradesh states. This was made possible due to intensive research and development efforts of different R&D organizations. Cassava technologies developed enabled in sustaining the crop in the country with the world's highest productivity. All the cassava production technologies considered in the study resulted in an economic surplus of Rs.3585.87 million in the target domain covering Kerala, Tamil Nadu and Andhra Pradesh. Consumers and producers benefited to the tune of Rs.2090.64 million and Rs.1495.23 million respectively. Net present value of economic gains was estimated to be Rs.3548.76 million. Present value of research investment on cassava production technologies was Rs.37.11 million resulting in benefit cost ratio of 96.63:1 with a high internal rate of return of 104 per cent. Thus the study indicated that the research investments incurred on cassava production technologies development was highly economical and provided evidence to the policy makers that supporting the research investment on underground, under exploited tropical root crops like cassava is an economically viable proposition. [source]