文章基本信息

标题：A COMPARISON OF ALTERNATIVE PROCEDURES FOR CALCULATING THE RATE OF RETURN TO AGRICULTURAL RESEARCH USING THE PRODUCTION FUNCTION APPROACH
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作者：Davis, Jeffrey S.
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：1979
期号：SUPPL
出版社：Food Distribution Research Society
摘要：The aim of this paper is to test whether the marginal internal rate of return (MIRR) to research and extension estimates are sensitive to the estimation procedure used to find them. To achieve this, a summary of the previously used estimation procedures is made. Following this a cross section aggregate production function estimate is developed for the U.S. in 1964. The parameter estimates from this model are used to calculate the MIRR's using the different estimation procedures.