Financing agricultural R&D in rich countries: What's happening and why

Julian M. Alston, Philip G. Pardey, Vincent H. Smith

Research output: Contribution to journalArticle

27 Scopus citations

Abstract

Governments everywhere are trimming their support for agricultural R&D, giving greater scrutiny to the support that they do provide, and reforming the public agencies that fund, oversee, and carry out the research. This represents a break from previous patterns, which had consisted of expansion in the public funds for agricultural R&D. Private-sector spending on agricultural research has slowed along with the growth of public spending in recent years, but the balance continues to shift towards the private sector. This article presents a quantitative review of these funding trends and the considerable institutional changes that have accompanied them. We discuss new data for 22 OECD countries, providing institutional details for five of these countries, and conclude with an assessment of policy developments.

Original languageEnglish (US)
Pages (from-to)51-82
Number of pages32
JournalAustralian Journal of Agricultural and Resource Economics
Volume42
Issue number1
DOIs
StatePublished - Mar 1998

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