Lemarié, Stéphane, Orozco, Valérie, Butault, Jean-Pierre, Musolesi, Antonio, Simioni, Michel and Schmitt, Bertrand (2020) Assessing the long-term impact of agricultural research on productivity: Evidence from France. TSE Working Paper, n. 1073, Toulouse

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This paper analyses the economic impact of agricultural research on productivity in France over the period 1959-2012. Adopting a dynamic time series model, we provide evidence that the impact of French agricultural research is in the range of values estimated for other countries, with the estimated long-run elasticity being 0.16, which corresponds to an internal rate of return of 22%.
The estimated elasticity decreases at the beginning of the 1970s. Complementary analyses are developed to take into account the evolution of the priorities of public agricultural research (reorientation towards more fundamental objectives and focus on broader objective than productivity enhancement).

Item Type: Monograph (Working Paper)
Language: English
Date: February 2020
Place of Publication: Toulouse
JEL Classification: Q16 - R&D; Agricultural Technology; Agricultural Extension Services
Q18 - Agricultural Policy; Food Policy
Divisions: TSE-R (Toulouse)
Institution: Université Toulouse 1 Capitole
Site: UT1
Date Deposited: 12 Feb 2020 13:34
Last Modified: 05 Apr 2024 11:29
OAI Identifier: oai:tse-fr.eu:124051
URI: https://publications.ut-capitole.fr/id/eprint/33927
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