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What Value Is Agricultural Economics Research?

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  • Schimmelpfennig, David E.
  • Norton, George W.

Abstract

Methods are presented for evaluating the economic benefits of agricultural economics research (AER). Decision theory and economic surplus analysis are used to evaluate returns to five representative types of AER. Benefits stem from effects of AER on economic efficiency through reduced uncertainty about optimal resource allocation or improved institutional design.

Suggested Citation

  • Schimmelpfennig, David E. & Norton, George W., 2000. "What Value Is Agricultural Economics Research?," 2000 Annual meeting, July 30-August 2, Tampa, FL 21773, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21773
    DOI: 10.22004/ag.econ.21773
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    References listed on IDEAS

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    Cited by:

    1. Mullen, John D., 2004. "Impact Assessment of ACIAR-funded Projects on Grain-market Reform in China," Impact Assessment Series (IAS) 113252, Australian Centre for International Agricultural Research.
    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. Alwang, Jeffrey & Puhazhendhi, V., 2002. "The impact of the International Food Policy Research Institute's research program on rural finance policies for food security for the poor," Impact assessments 16, International Food Policy Research Institute (IFPRI).
    4. Thirtle, Colin G. & Piesse, Jenifer & Gouse, Marnus, 2005. "Agricultural technology, productivity and employment: Policies for poverty reduction," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 44(1), pages 1-23, March.
    5. Poppe, Krijn J., 2008. "Economic assessment of Dutch agricultural research," Report Series 43071, Wageningen University and Research Center, Agricultural Economics Research Institute.
    6. Kutschukian, Jean-Marc, 2008. "A Framework For The Economic Evaluation Of Environmental Science," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 6026, Australian Agricultural and Resource Economics Society.
    7. Singh, Rajinder Pal & Williams, Robert L. & Mullen, John D. & Faour, Khaled & Lewin, Laurie, 2005. "Valuing a Test for Nitrogen Status in Rice," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 13.
    8. Walker, Tom & Ryan, Jim & Kelley, Tim, 2010. "Impact Assessment of Policy-Oriented International Agricultural Research: Evidence and Insights from Case Studies," World Development, Elsevier, vol. 38(10), pages 1453-1461, October.
    9. Ryan, Jim, 2002. "Assessing the impact of food policy research: rice trade policies in Viet Nam," Food Policy, Elsevier, vol. 27(1), pages 1-29, February.
    10. Anderson, Kym, 2003. "Impact assessment of IFPRI's research and related activities based on economywide modeling," Impact assessments 21, International Food Policy Research Institute (IFPRI).
    11. Walker, T. & Friday, J. & Casimero, M. & Dollentas, R. & Mataia, A. & Acda, R. & Yost, R., 2009. "The early economic impact of a nutrient management decision support system (NuMaSS) on small farm households cultivating maize on acidic, upland soils in the Philippines," Agricultural Systems, Elsevier, vol. 101(3), pages 162-172, July.

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