1978
DOI: 10.1111/j.1744-7976.1978.tb02894.x
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Economic Costs and Returns From Crop Development Research: The Case of Rapeseed Breeding in Canada

Abstract: Public and private investment in Research and Development are an important source of economic growth. This article documents the high rate of return to society from investment in agricultural research. The analysis took the form of estimating the gains in producer and consumer surplus from research that improved rapeseed yield in western Canada and related these gains to research expenditures by calculating an internal rate of return. The distribution of the return between consumers and producers were estimate… Show more

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Cited by 43 publications
(15 citation statements)
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“…One of the arguments against using on-station yield trial data is that superior management practices and techniques are used and therefore, the results may not reflect on the on-farm situation. Another argument placed by different author (Hertford et al, 1971(Hertford et al, & 1977Ayer et al, 1972;Akino et al 1975;Scobie et al, 1977 andNagy et al, 1978) and showed that the yield advantage estimation from the on-station yield trial data would be biased upward because the estimation might also include the contribution made by inputs such as fertilizer and water. To account for this problem, the estimated yield advantage of new varieties by estimating production functions of yield as a function of new varieties and other inputs.…”
Section: Yield Advantagesmentioning
confidence: 99%
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“…One of the arguments against using on-station yield trial data is that superior management practices and techniques are used and therefore, the results may not reflect on the on-farm situation. Another argument placed by different author (Hertford et al, 1971(Hertford et al, & 1977Ayer et al, 1972;Akino et al 1975;Scobie et al, 1977 andNagy et al, 1978) and showed that the yield advantage estimation from the on-station yield trial data would be biased upward because the estimation might also include the contribution made by inputs such as fertilizer and water. To account for this problem, the estimated yield advantage of new varieties by estimating production functions of yield as a function of new varieties and other inputs.…”
Section: Yield Advantagesmentioning
confidence: 99%
“…In the case of the Akino and Hayami (1975) approximation formulas, k is the horizontal shift from the equilibrium price P n given S 1 to the equilibrium price P o given S 2 which corresponds to a distance equal to Q n Q o in Figure 3 (Gardener et al, 1986;Nagy and Furtan, 1978). The supply shifter k is calculated as follows:…”
Section: Analysis Of Ginger Research and Extension Investmentmentioning
confidence: 99%
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“…It was pointed out in section 2.4.7. that Nagy and Furtan (1978) estimated consumers' gains from rapeseed breeding in Canada to be 53 % and producers' gains to be 47 %. Akino and Hayami (1975) examined two cases in their study of the returns from rice breeding in Japan.…”
Section: The Distribution Of Economic Benefits From Agricultural Resementioning
confidence: 99%
“…Crop Development Research Nagy and Furtan (1978) studied the returns from public and private investment in Fig. 9.…”
Section: Canadian and Spanish Studies Ofmentioning
confidence: 99%