Replaced with revised version of paper 07/22/11. Former Title: Revisiting the Returns to U.S. Public Agricultural Research: New Measures, Models, Results, and Interpretation

We use newly constructed data to model and measure agricultural productivity growth and the returns to public agricultural research conducted in Uruguay over the period 1961–2010. We pay attention specifically to the role of levy-based funding under INIA, which was established in 1990. Our...