Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10010914163
This paper focuses on assessing the benefits of research expenditures on maize production in South Africa. Both the production and supply function approaches are used to calculate elasticities of research expenditure on output and yield. Cointegration is used to establish long-run relationships...
Persistent link: https://www.econbiz.de/10008549185
This article evaluates the impact of research and technology development in the wine grape industry in order to determine the rate of return (ROR) to these investments, and to make specific recommendations on funding. The analysis illustrates the applied and adaptive nature of the research...
Persistent link: https://www.econbiz.de/10008549217
This paper provides an empirical investigation into the long-standing notion of biases of technical change in South African agriculture. The second order cost function is used to derive relative bias measures between labour and machinery. The results suggest that large machinery-using biases in...
Persistent link: https://www.econbiz.de/10008549233
This paper briefly presents the results of a total factor productivity (TFP) study of South African commercial agriculture, for 1947-1997, and illustrates some potential pitfalls in rate of return to research (ROR) calculations. The lag between R&D and TFP is analyzed and found to be only 9...
Persistent link: https://www.econbiz.de/10011069255