Estimating Returns to Agricultural Research, Extension, and Teaching at the State Level

The majority of decisions concerning investment and allocation of public funds for agricultural research, extension, and teaching (RET) are made at the state-level, while most of the quantitative RET evaluations are made on a national basis. This paper illustrates an approach for conducting a disagg...

Full description

Bibliographic Details
Main Authors: Norton, George W., Coffey, J. D., Frye, E. B.
Format: Journal Article
Language:Inglés
Published: Cambridge University Press 1983
Subjects:
Online Access:https://hdl.handle.net/10568/136711
Description
Summary:The majority of decisions concerning investment and allocation of public funds for agricultural research, extension, and teaching (RET) are made at the state-level, while most of the quantitative RET evaluations are made on a national basis. This paper illustrates an approach for conducting a disaggregated state-level evaluation of agricultural research, extension, and teaching. Ridge regression is employed to handle multicollinearity problems.