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Impacts of US Public R&D Investments on Agricultural Productivity and GHG Emissions

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  • Baldos, Uris Lantz C.

Abstract

This study formally links the literature on R&D-driven productivity growth to studies which examine GHG emission benefits from increased farm productivity growth. Using a global agricultural model and estimates from the literature, this study examines the impact of greater US public agricultural R&D spending over 2025−2035. The results show that roughly doubling public R&D investments in US agriculture could provide greater economic gains relative to its costs over the period 2017−2050. The GHG mitigation co-benefits from these investments also can be enhanced by combining R&D policies with strategies aimed at directly reducing farm inputs.

Suggested Citation

  • Baldos, Uris Lantz C., 2023. "Impacts of US Public R&D Investments on Agricultural Productivity and GHG Emissions," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 55(3), pages 536-550, August.
  • Handle: RePEc:cup:jagaec:v:55:y:2023:i:3:p:536-550_6
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