Increased competition brought about by trade liberalization has raised the stakes
for improving productivity in U.S. and Canadian food processing. A key element of
productivity growth is technological change, which in turn results from R&D investment.
The present study employs an econometric model to assess rates of technological change
and...
The genetic engineering made possible by the discovery of recombinant DNA has played an increasingly important role in agricultural research. The present study employs a knowledge production model to assess the efficacy of, and relationship between, basic and applied research in agricultural biotechnology, allowing for both complementarity and substitutability between...
The biorevolution in the 1970’s greatly stimulated investment in life-science
research. The present dissertation is aimed at evaluating the impact of US public
investment on industrial investment in life-science research. The focus is on three major
life-science fields: biology, medicine, and agriculture. A dynamic model of industrial
R&D investment is...
Long-run food price changes respond to long-run changes in food demand, quasi-fixed and variable production factors, and agricultural productivity. Recent global food-price volatility puts a renewed spotlight on the trends and sources of any agricultural productivity growth. Because food prices’ most critical effects are on human hunger, it is especially...
Searching for suitable measures to solve internal economic problems and
promote economic development, many third world countries have switched from
competitive to government-controlled trade of their agricultural staples. Such
government intervention has failed in many LDCs and researchers have
formulated models and made suggestions to alleviate the resulting distortions.
Modelling...
Governments in less developed countries have recognized
in recent years the need to liberalize economic policies in
order to increase efficiency in agricultural commodity
markets. In an attempt to help decision makers assess
alternative choices, most policy studies, however, have
focused on the efficiency norm criterion without much
consideration for...
Government intervention in food grain markets is a common feature of most LDCs. Inasmuch as liberalizing markets is difficult for some of these governments, researchers have offered suggestions to reduce detrimental affects of intervention. The general advice for pricing policy has been for governments to set prices at c.i.f. or...