IDEAS home Printed from https://ideas.repec.org/a/tpr/restat/v71y1989i3p453-61.html
   My bibliography  Save this article

The Agricultural Knowledge Production Function: An Empirical Look

Author

Listed:
  • Pardey, Philip G

Abstract

The research input-output relationship is quantified by use of a unique panel data set of research expenditures (1963-75) and aggregate publication output (1970-75) for each of the 48 contiguous U.S. state agricultural experiment station. Year-to-year fluctuations in research expenditures showed little systematic influence on research output, while on-average or longer-run differences in research expenditures between states appear to influence research performance in a fairly systematic manner. Using citation performance to adjust publication output for differences in scientific quality increases the research expenditure output elasticity by around 25 percent, while also increasing the "mean" agricultural research gestation lag from 2.8 to 3.4 years. Residual state-specific effects, measuring relative research efficiencies, do not appear to be correlated with levels of research expenditures. Copyright 1989 by MIT Press.

Suggested Citation

  • Pardey, Philip G, 1989. "The Agricultural Knowledge Production Function: An Empirical Look," The Review of Economics and Statistics, MIT Press, vol. 71(3), pages 453-461, August.
    • Handle: RePEc:tpr:restat:v:71:y:1989:i:3:p:453-61
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0034-6535%28198908%2971%3A3%3C453%3ATAKPFA%3E2.0.CO%3B2-E&origin=repec
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Guttman, Joel M, 1978. "Interest Groups and the Demand for Agricultural Research," Journal of Political Economy, University of Chicago Press, vol. 86(3), pages 467-484, June.
    2. Pakes, Ariel & Nitzan, Shmuel, 1983. "Optimum Contracts for Research Personnel, Research Employment, and the Establishment of "Rival" Enterprises," Journal of Labor Economics, University of Chicago Press, vol. 1(4), pages 345-365, October.
    3. Davis, Paul & Papanek, Gustav F, 1984. "Faculty Ratings of Major Economics Departments by Citations," American Economic Review, American Economic Association, vol. 74(1), pages 225-230, March.
    4. Pardey, Philip G., 1986. "Public sector production of agricultural knowledge," Faculty and Alumni Dissertations 121800, University of Minnesota, Department of Applied Economics.
    5. Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 38(2), pages 112-134.
    6. Pakes, Ariel & Schankerman, Mark A., 1978. "The Rate of Obsolescence of Knowledge, Research Gestation Labs, and the Private Rate of Return to Research Resources," Working Papers 78-13, C.V. Starr Center for Applied Economics, New York University.
    7. Susan Rose-Ackerman & Robert Evenson, 1985. "The Political Economy of Agricultural Research and Extension: Grants, Votes, and Reapportionment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(1), pages 1-14.
    8. Bronwyn H. Hall & Zvi Griliches & Jerry A. Hausman, 1984. "Patents and R&D: Is There A Lag?," NBER Working Papers 1454, National Bureau of Economic Research, Inc.
    9. Zvi Griliches, 1998. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 17-45, National Bureau of Economic Research, Inc.
    10. Hansen, W Lee & Weisbrod, Burton A & Strauss, Robert P, 1978. "Modeling the Earnings and Research Productivity of Academic Economists," Journal of Political Economy, University of Chicago Press, vol. 86(4), pages 729-741, August.
    11. Mundlak, Yair, 1978. "On the Pooling of Time Series and Cross Section Data," Econometrica, Econometric Society, vol. 46(1), pages 69-85, January.
    12. Kamien,Morton I. & Schwartz,Nancy L., 1982. "Market Structure and Innovation," Cambridge Books, Cambridge University Press, number 9780521293853, December.
    13. Pakes, Ariel & Griliches, Zvi, 1980. "Patents and R&D at the firm level: A first report," Economics Letters, Elsevier, vol. 5(4), pages 377-381.
    14. Fuller, Wayne A. & Battese, George E., 1974. "Estimation of linear models with crossed-error structure," Journal of Econometrics, Elsevier, vol. 2(1), pages 67-78, May.
    15. Wright, Brian Davern, 1983. "The Economics of Invention Incentives: Patents, Prizes, and Research Contracts," American Economic Review, American Economic Association, vol. 73(4), pages 691-707, September.
    16. McDowell, John M, 1982. "Obsolescence of Knowledge and Career Publication Profiles: Some Evidence of Differences among Fields in Costs of Interrupted Careers," American Economic Review, American Economic Association, vol. 72(4), pages 752-768, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lee, Yoo Hwan & Graff, Gregory D., 2015. "University Research Productivity and its Impact on the Regional Agricultural Economy: The Case of Colorado State University and the Colorado Economy," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205443, Agricultural and Applied Economics Association.
    2. Qin, Lin & Buccola, Steven T., 2012. "Econometric Assessment of Research Programs: A Bayesian Approach," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124948, Agricultural and Applied Economics Association.
    3. Jens K. Perret, 2019. "Re-Evaluating the Knowledge Production Function for the Regions of the Russian Federation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(2), pages 670-694, June.
    4. Lee, Yoo Hwan & Graff, Gregory D., 2017. "The Production And Dissemination Of Agricultural Knowledge At U.S. Research Universities: The Role And Mission Of Land-Grant Universities," Journal of Rural Development/Nongchon-Gyeongje, Korea Rural Economic Institute, vol. 40(Special, ), December.
    5. Daniil G. Sandler & Dmitry A. Gladyrev & Dmitry M. Kochetkov & Anna D. Zorina, 2022. "Factors of research groups' productivity: The case of the Ural Federal University," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 8(2), pages 148-160.
    6. Chatterjee, Diti & Dinar, Ariel & González-Rivera, Gloria, 2018. "An empirical knowledge production function of agricultural research and extension: The case of the University of California Cooperative Extension," Technological Forecasting and Social Change, Elsevier, vol. 134(C), pages 290-297.
    7. James Adams & Zvi Griliches, 1996. "Measuring Science: An Exploration," NBER Working Papers 5478, National Bureau of Economic Research, Inc.
    8. Paul Heisey & Sarah Adelman, 2011. "Research expenditures, technology transfer activity, and university licensing revenue," The Journal of Technology Transfer, Springer, vol. 36(1), pages 38-60, February.
    9. Atul Nerkar, 2003. "Old Is Gold? The Value of Temporal Exploration in the Creation of New Knowledge," Management Science, INFORMS, vol. 49(2), pages 211-229, February.
    10. Pardey, Philip G. & Craig, Barbara & Hallaway, Michelle L., 1989. "U.S. agricultural research deflators: 1890-1985," Research Policy, Elsevier, vol. 18(5), pages 289-296, October.
    11. Jens K. Perret, 2016. "A Spatial Knowledge Production Function Approach for the Regions of the Russian Federation," EIIW Discussion paper disbei217, Universitätsbibliothek Wuppertal, University Library.
    12. Chen, Qiang & Naseem, Anwar & Pray, Carl E., 2004. "The Determinants of Research Productivity in Agricultural Biotechnology," 2004 Annual meeting, August 1-4, Denver, CO 20018, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Lee, Yoo Hwan & Graff, Gregory D., 2016. "Academic Knowledge Spillovers and the Role of Geographic Proximity in Regional Agriculture-related Sectors: The impact of agricultural research at Colorado State University on the Colorado economy, an," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235717, Agricultural and Applied Economics Association.
    14. Hock, Cricket & Naseem, Anwar & Hossain, Ferdaus & Pray, Carl E., 2003. "Impact of Biotechnology on Plant Breeding," 2003 Annual meeting, July 27-30, Montreal, Canada 22093, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pardey, Philip G. & Craig, Barbara J., 1987. "Dynamics Of The Agricultural Research And Output Relationship," Staff Papers 13515, University of Minnesota, Department of Applied Economics.
    2. Grafström, Jonas & Poudineh, Rahmat, 2023. "No evidence of counteracting policy effects on European solar power invention and diffusion," Energy Policy, Elsevier, vol. 172(C).
    3. Raymond, Wladimir & Mairesse, Jacques & Mohnen, Pierre & Palm, Franz, 2015. "Dynamic models of R & D, innovation and productivity: Panel data evidence for Dutch and French manufacturing," European Economic Review, Elsevier, vol. 78(C), pages 285-306.
    4. Carlino, Gerald & Kerr, William R., 2015. "Agglomeration and Innovation," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 349-404, Elsevier.
    5. Gopinath, Munisamy & Vasavada, Utpal, 1999. "Patents, R&D, And Market Structure In The U.S. Food Processing Industry," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(1), pages 1-13, July.
    6. Raut, Lakshmi K., 1995. "R & D spillover and productivity growth: Evidence from Indian private firms," Journal of Development Economics, Elsevier, vol. 48(1), pages 1-23, October.
    7. Chatterjee, Diti & Dinar, Ariel & González-Rivera, Gloria, 2018. "An empirical knowledge production function of agricultural research and extension: The case of the University of California Cooperative Extension," Technological Forecasting and Social Change, Elsevier, vol. 134(C), pages 290-297.
    8. repec:bof:bofrdp:urn:nbn:fi:bof-201512111472 is not listed on IDEAS
    9. Alexandre Almeida & Aurora A.C. Teixeira, 2007. "Does Patenting negatively impact on R&D investment?An international panel data assessment," FEP Working Papers 255, Universidade do Porto, Faculdade de Economia do Porto.
    10. Bettina Becker, 2013. "The Determinants of R&D Investment: A Survey of the Empirical Research," Discussion Paper Series 2013_09, Department of Economics, Loughborough University, revised Sep 2013.
    11. Grafström, Jonas & Lindman, Åsa, 2017. "Invention, innovation and diffusion in the European wind power sector," Technological Forecasting and Social Change, Elsevier, vol. 114(C), pages 179-191.
    12. García-Quevedo, José & Pellegrino, Gabriele & Vivarelli, Marco, 2014. "R&D drivers and age: Are young firms different?," Research Policy, Elsevier, vol. 43(9), pages 1544-1556.
    13. Carlino, Gerald & Kerr, William R., 2015. "Agglomeration and Innovation," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 349-404, Elsevier.
    14. repec:zbw:bofrdp:2015_027 is not listed on IDEAS
    15. Andrea, Bastianin & Paolo, Castelnuovo & Massimo, Florio & Anna, Giunta, 2019. "Technological Learning and Innovation Gestation Lags at the Frontier of Science: from CERN Procurement to Patents," Working Papers 405, University of Milano-Bicocca, Department of Economics, revised Apr 2019.
    16. repec:zbw:bofrdp:urn:nbn:fi:bof-201512111472 is not listed on IDEAS
    17. Ribeiro, Barbara & Shapira, Philip, 2020. "Private and public values of innovation: A patent analysis of synthetic biology," Research Policy, Elsevier, vol. 49(1).
    18. Murphy, Austin, 2003. "An empirical analysis of the structure of credit risk premiums in the Eurobond market," Journal of International Money and Finance, Elsevier, vol. 22(6), pages 865-885, November.
    19. Lin, Jun-You, 2014. "Effects on diversity of R&D sources and human capital on industrial performance," Technological Forecasting and Social Change, Elsevier, vol. 85(C), pages 168-184.
    20. Andrea Bastianin & Paolo Castelnovo & Massimo Florio & Anna Giunta, 2022. "Big science and innovation: gestation lag from procurement to patents for CERN suppliers," The Journal of Technology Transfer, Springer, vol. 47(2), pages 531-555, April.
    21. Teimuraz Gogokhia & George Berulava, 2021. "Business environment reforms, innovation and firm productivity in transition economies," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 11(2), pages 221-245, June.
    22. Symeonidis, George, 2001. "Price Competition, Innovation and Profitability: Theory and UK Evidence," CEPR Discussion Papers 2816, C.E.P.R. Discussion Papers.
    23. Khanna, Jyoti & Huffman, Wallace E. & Sandler, Todd, 1990. "The Demand for Agricultural Research by State Governments," ISU General Staff Papers 199012200800001218, Iowa State University, Department of Economics.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpr:restat:v:71:y:1989:i:3:p:453-61. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: The MIT Press (email available below). General contact details of provider: https://direct.mit.edu/journals .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.