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Article
An Economic Analysis of Expenditures on Agricultural Experiment Station Research
American Journal of Agricultural Economics
Document Type
Article
Disciplines
Publication Version
Submitted Manuscript
Publication Date
2-1-1981
DOI
10.2307/1239816
Abstract
Experiment station research expenditures are responsive to economic and institutional forces. A four-equation model of resources allocation to state agricultural experiment station research, consisting of demand and supply equations for research, an equation allocating state governmental revenues to station research, and an expenditure identity, is presented. A reduced-form expenditure equation, derived from this model, is fitted to cross-sectional data for forty-eight U.S. states, pooled together for 1960, 1965,and 1970. A large share of the variance in per capita expenditures of state agricultural experiment stations is explained by the variables included in the model.
Citation Information
Wallace E. Huffman and John A. Miranowski. "An Economic Analysis of Expenditures on Agricultural Experiment Station Research" American Journal of Agricultural Economics Vol. 63 Iss. 1 (1981) p. 104 - 118 Available at: http://works.bepress.com/john-miranowski/39/
This is a staff paper of an article from American Journal of Agricultural Economics 63 (1981): 104, doi:10.2307/1239816.