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Evaluating Privately Funded Public Research: An Example With Poultry And Eggs

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  • Martinez, Stephen
  • Norton, George W.

Abstract

A procedure is described for evaluating poultry and egg research projects. A peer review questionnaire and benefit-cost analysis are utilized incorporating elasticities from an econometric model for poultry and eggs. Production, cost, and price changes are used to calculate changes in producer surplus and net economic surplus for a set of privately funded publicly conducted research projects.

Suggested Citation

  • Martinez, Stephen & Norton, George W., 1986. "Evaluating Privately Funded Public Research: An Example With Poultry And Eggs," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 18(1), pages 129-140, July.
    • Handle: RePEc:cup:jagaec:v:18:y:1986:i:01:p:129-140_00
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    References listed on IDEAS

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    1. Smith, Blair L. & Norton, George W. & Havlicek, Joseph Jr, 1983. "Impacts of Public Research Expenditures on Agricultural Value-Added in the U.S. and the Northeast," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 12(2), pages 1-7.
    2. Roger N. Rose, 1980. "Supply Shifts and Research Benefits: Comment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(4), pages 834-837.
    3. Smith, Blair L. & Norton, George W. & Havlicek, Joseph Jr, 1983. "Impacts of Public Research Expenditures on Agricultural Value-Added in the U.S. and the Northeast," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 2), pages 1-7.
    4. Currie, John Martin & Murphy, John A & Schmitz, Andrew, 1971. "The Concept of Economic Surplus and its Use in Economic Analysis," Economic Journal, Royal Economic Society, vol. 81(324), pages 741-799, December.
    5. McKenzie, G W & Pearce, I F, 1982. "Welfare Measurement-A Synthesis," American Economic Review, American Economic Association, vol. 72(4), pages 669-682, September.
    6. Russell G. Thompson & J. Michael Sprott & Richard W. Callen, 1972. "Demand, Supply, and Price Relationships for the Broiler Sector, with Emphasis on the Jack-Knife Method," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 245-248.
    7. Per Pinstrup-Andersen & Norha Ruiz de Londoño & Edward Hoover, 1976. "The Impact of Increasing Food Supply on Human Nutrition: Implications for Commodity Priorities in Agricultural Research and Policy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(2), pages 133-142.
    8. 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.
    9. Chipman, John S & Moore, James C, 1980. "Compensating Variation, Consumer's Surplus, and Welfare," American Economic Review, American Economic Association, vol. 70(5), pages 933-949, December.
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    1. George W. Norton, 2020. "Lessons from a Career in Agricultural Development and Research Evaluation," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(2), pages 151-167, June.
    2. Hurley, Terrance M. & Pardey, Philip G. & Rao, Xudong & Andrade, Robert S., 2016. "Returns to Food and Agricultural R&D Investments Worldwide, 1958-2015," Briefs 249356, University of Minnesota, International Science and Technology Practice and Policy.
    3. Dillon, Carl R., 1992. "Microeconomic Effects Of Reduced Yield Variability Cultivars Of Soybeans And Wheat," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(1), pages 1-13, July.

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