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Are American Farmers Better Off as a Result of Technology Gains?

Published online by Cambridge University Press:  28 April 2015

David L. Debertin
David L. Debertin*
Affiliation:
University of Kentucky, 400 Ag Eng Bldg, Lexington KY 40546-0276, e-mail, [email protected]
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Extract

Commercial farmers remain a primary political force in support of publicly-supported research and educational programs to create productivity gains in crop and livestock production. Have the technical productivity gains brought about by both public and private sector research and educational efforts improved the well being of American farmers? A great number of agricultural scientists believe that they have. Studies have attempted to provide estimates of the internal rate of return and benefit/cost ratios for agricultural research and education. The vast majority of these studies estimate a quite favorable internal rate of return and a high productivity for public-sector agricultural research (Huffman and Just, p. 828). But these studies have focused on rates of return to agricultural research and education for society as a whole, without attempting to determine if these gains accrued to farmers, consumers, or perhaps the agribusiness firms who purchase raw farm commodities from farmers or sell them inputs.

Type
Invited Paper Sessions
Information
Journal of Agricultural and Applied Economics , Volume 33 , Issue 2 , August 2001 , pp. 327 - 339
Copyright
Copyright © Southern Agricultural Economics Association 2001

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