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Private-Sector Agricultural Research Expenditures in the United States, 1960-92

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  • Klotz, Cassandra
  • Fuglie, Keith
  • Pray, Carl

Abstract

Private-sector agricultural research expenditures are estimated to have exceeded $3.4 billion in 1992, from only $0.2 billion in 1960. This implies an average annual rate of growth of 9.4 percent (3.5 percent if adjusted for inflation). The estimates also show that private agricultural research investments have grown most rapidly for chemical and biological technologies, such as agricultural chemicals, animal health, plant breeding, and applications of biotechnology. Growth has been less for farm machinery and food product research. However, data on private agricultural research spending are incomplete and fragmented. An extended yearly, cross-industry effort would provide more frequent, consistent, and representative information on private industry efforts.

Suggested Citation

  • Klotz, Cassandra & Fuglie, Keith & Pray, Carl, 1995. "Private-Sector Agricultural Research Expenditures in the United States, 1960-92," Staff Reports 278794, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278794
    DOI: 10.22004/ag.econ.278794
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    References listed on IDEAS

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    1. Frederic Scherer, 1984. "Using Linked Patent and R&D Data to Measure Interindustry Technology Flows," NBER Chapters, in: R&D, Patents, and Productivity, pages 417-464, National Bureau of Economic Research, Inc.
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    1. Pedro Andres Garzon Delvaux & Heinrich Hockmann & Peter Voigt & Pavel Ciaian & Sergio Gomez y Paloma, 2018. "The impact of private R&D on the performance of food-processing firms: Evidence from Europe, Japan and North America," JRC Research Reports JRC104144, Joint Research Centre.
    2. Alston, Julian M. & Pardey, Philip G., 2007. "Public Funding for Research into Specialty Crops," Staff Papers 7312, University of Minnesota, Department of Applied Economics.
    3. Fuglie, Keith & Ballenger, Nicole & Rubenstein, Kelly Day & Klotz, Cassandra & Ollinger, Michael & Reilly, John & Vasavada, Utpal & Yee, Jet, 1996. "Agricultural Research and Development: Public and Private Investments Under Alternative Markets and Institutions," Agricultural Economic Reports 262031, United States Department of Agriculture, Economic Research Service.
    4. Thirtle, Colin G. & Srinivasan, Chittur S. & Heisey, Paul W., 2001. "Public Sector Plant Breeding In A Privatizing World," Agricultural Information Bulletins 33775, United States Department of Agriculture, Economic Research Service.
    5. Yee, Jet & Huffman, Wallace E., 2001. "Rates Of Return To Public Agricultural Research In The Presence Of Research Spillovers," 2001 Annual meeting, August 5-8, Chicago, IL 20628, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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