Recalibrating the reported returns to agricultural R&D: what if we all heeded Griliches?

Zvi Griliches’ seminal analysis of hybrid corn spawned a large literature seeking to quantify and demonstrate the value of agricultural research and development (R&D) investments. The most important metric for quantifying the rate of return to R&D emerging from this literature is the internal rate o...

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Bibliographic Details
Main Authors: Rao, Xudong, Hurley, Terrance, Pardey, Philip G.
Format: Journal Article
Language:Inglés
Published: Wiley 2020
Subjects:
Online Access:https://hdl.handle.net/10568/119455

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