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Integration of Agriculture and Technological Change

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  • White, Fred C.

Abstract

Market structure has implications for research policies. The public sector reduced its support for technological change for poultry relative to beef and pork after poultry became integrated. However, market integration causes private sector research to be below the optimal level from society's perspective. In order to get the appropriate response from the private sector, the public sector should not reduce its support for technological change after market integration. Instead, the public sector should increase its support for research such as basic science that complements private sector research.

Suggested Citation

  • White, Fred C., 1995. "Integration of Agriculture and Technological Change," Agricultural and Resource Economics Review, Cambridge University Press, vol. 24(1), pages 111-118, April.
    • Handle: RePEc:cup:agrerw:v:24:y:1995:i:01:p:111-118_00
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    Cited by:

    1. Thomas, Greg & Fox, Glenn & Brinkman, George L. & Oxley, Jamie & Gill, Ravinderpal & Junkins, Bruce, 2000. "An Economic Analysis Of The Return To Canadian Swine Research - 1974-1997," Working Papers 34113, University of Guelph, Department of Food, Agricultural and Resource Economics.
    2. Martinez, Steve & Zering, Kelly, 1997. "Vertical Coordination and Consumer Welfare: The Case of the Pork Industry," Agricultural Economic Reports 262048, United States Department of Agriculture, Economic Research Service.

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