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Estimating Returns to Agricultural Research, Extension, and Teaching at the State Level

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  • Norton, George W.
  • Coffey, Joseph D.
  • Frye, E. Berrier

Abstract

The majority of decisions concerning investment and allocation of public funds for agricultural research, extension, and teaching (RET) are made at the state-level, while most of the quantitative RET evaluations are made on a national basis. This paper illustrates an approach for conducting a disaggregated state-level evaluation of agricultural research, extension, and teaching. Ridge regression is employed to handle multicollinearity problems.

Suggested Citation

  • Norton, George W. & Coffey, Joseph D. & Frye, E. Berrier, 1983. "Estimating Returns to Agricultural Research, Extension, and Teaching at the State Level," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 16(1), pages 121-128, July.
    • Handle: RePEc:cup:jagaec:v:16:y:1984:i:01:p:121-128_01
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    1. J. Scott Shonkwiler & Robert D. Emerson, 1982. "Imports and the Supply of Winter Tomatoes: An Application of Rational Expectations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(4), pages 634-641.
    2. 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.
    3. Otto, Daniel M. & Havlicek, Joseph Jr., 1981. "An Economic Assessment Of Research And Extension Investments In Corn, Wheat, Soybeans, And Sorghum," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279245, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. William G. Brown & Bruce R. Beattie, 1975. "Improving Estimates of Economic Parameters by Use of Ridge Regression with Production Function Applications," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(1), pages 21-32.
    5. Cline, Philip L. & Lu, Yao-Chi, 1976. "Efficiency Aspects of the Spatial Allocation of Public Sector Agricultural Research and Extension in the United States," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 6(01), pages 1-16.
    6. George W. Norton & Jeffrey S. Davis, 1981. "Evaluating Returns to Agricultural Research: A Review," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(4), pages 685-699.
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    Cited by:

    1. Kohl, David M. & Shabman, Leonard A. & Stoevener, Herbert H., 1987. "Agricultural Transition: Its Implications for Agricultural Economics Extension in the Southeast," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 19(1), pages 35-44, July.
    2. Leiby, James D. & Adams, Gregory D., 1991. "The Returns To Agricultural Research In Maine: The Case Of A Small Northeastern Experiment Station," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 20(01), pages 1-14, April.
    3. Araji, A. A., 2001. "Functions, Resource Allocation, And The Productivity Of The State Agricultural Experiment Station," A.E. Research Series 305027, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    4. A. A. Araji, 1990. "The functions, focus, and productivity of the state agricultural experiment stations in the United States," Agribusiness, John Wiley & Sons, Ltd., vol. 6(6), pages 633-642.
    5. Alston, Julian M., 2002. "Spillovers," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 46(3), pages 1-32.
    6. Marsh, Sally P. & Pannell, David J. & Lindner, Robert K., 2004. "Does agricultural extension pay?: A case study for a new crop, lupins, in Western Australia," Agricultural Economics, Blackwell, vol. 30(1), pages 17-30, January.

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