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Research Contributions From The Soybean Checkoff Programs

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  • Lim, Hongil
  • Shumway, C. Richard
  • Love, H. Alan

Abstract

Soybean producers participate in a checkoff program to support research and market development activities. Checkoff funds are used for both yield-enhancing and cost-reducing production research. Using USDA cost-of-production data and a regional modeling framework with greater model pretest support than several alternatives, national marginal returns to producers are estimated to higher for checkoff-supported research than for publicly supported soybean research. They are also higher for checkoff cost reducing than for checkoff yield-enhancing research.

Suggested Citation

  • Lim, Hongil & Shumway, C. Richard & Love, H. Alan, 2000. "Research Contributions From The Soybean Checkoff Programs," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(1), pages 1-19, July.
    • Handle: RePEc:ags:jlaare:30836
    DOI: 10.22004/ag.econ.30836
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    References listed on IDEAS

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    1. Robert Evenson, 1967. "The Contribution of Agricultural Research to Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 49(5), pages 1415-1425.
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