The measurement of gains and losses from agricultural research
This thesis is a survey of research over the last two decades stemming from the now classical study by Griliches on evaluating the gains from agricultural research. The thesis points to a number of areas in which there are problems which need to be resolved, and hopefully, in a few instances provides the basis on which future research may proceed. The most important point of concern is the under-estimate of social gains (losses) provided by the supply-shift approach developed by...[Show more]
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