Economic Impact of Scientific Knowledge: The Case of Plant Genetics

Authors

  • Alberto Arizu Consultor Independiente
  • Victor Castro Consultor Independiente
  • Marcos Gallacher Universidad del CEMA (Buenos Aires, Argentina)

DOI:

https://doi.org/10.55444/2451.7321.2008.v46.n1.3846

Keywords:

agricultural production, productivity, plant biotechnology, research and development, economic impact

Abstract

Scientific innovation constitutes an important factor of economic growth. This paper estimates the economic impact of one scientific type of innovation: genetics applied to seed production. In Argentina, previous research on this topic has been focalized on the impact of genetic innovation on partial productivity measures - in particular land productivity. In contrast, this paper utilizes a production function framework to estimate the impact of genetic improvement, controlling for the use of other inputs. Two data bases with a panel structure are used: one integrated by a cross-section of countries (including Argentina), the other includes only data for Argentina for different kid of crops. Results show there is important economic returns associated with innovation in crop genetics.

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Published

2008-06-01

How to Cite

Arizu, A., Castro, V., & Gallacher, M. (2008). Economic Impact of Scientific Knowledge: The Case of Plant Genetics. Revista De Economía Y Estadística, 46(1), 45–68. https://doi.org/10.55444/2451.7321.2008.v46.n1.3846

Issue

Vol. 46 No. 1 (2008)

Section

ARTÍCULOS

License

Copyright (c) 2008 Alberto Arizu, Victor Castro, Marcos Gallacher

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