Does R&D spur productivity growth in Australia’s broadacre agriculture? A semi-parametric smooth coefficient approach
© 2018 Informa UK Limited, trading as Taylor & Francis Group This article analyses the role of research and development (R & D) in Australia’s broadacre farming by using the semi-parametric smooth coefficient model. While the conventional production function approach only captures the dire...
| Main Authors: | , , |
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| Format: | Journal Article |
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Routledge
2018
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| Online Access: | http://hdl.handle.net/20.500.11937/69198 |
| _version_ | 1848761993955115008 |
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| author | Khan, F. Salim, Ruhul Sun, K. |
| author_facet | Khan, F. Salim, Ruhul Sun, K. |
| author_sort | Khan, F. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | © 2018 Informa UK Limited, trading as Taylor & Francis Group This article analyses the role of research and development (R & D) in Australia’s broadacre farming by using the semi-parametric smooth coefficient model. While the conventional production function approach only captures the direct effects of R & D, this methodology captures both the direct impact of a change in R & D on output and the indirect impact through changes in efficiency of use of factor inputs in the production process. Moreover, technical inefficiency is introduced in the model allowing it as a function of R & D. Using a unique state-level dataset covering the period 1995–2007, this empirical study finds that once both the direct and indirect effects are taken into consideration, R & D investments significantly increase outputs. The results also show that there are substantial variations in the effects of R & D on output across the state-level average farm through technology parameters as well as through technical inefficiency. Such variations need to be taken into account when designing policies for investing public R & D in agriculture. |
| first_indexed | 2025-11-14T10:40:30Z |
| format | Journal Article |
| id | curtin-20.500.11937-69198 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T10:40:30Z |
| publishDate | 2018 |
| publisher | Routledge |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-691982024-05-22T09:05:46Z Does R&D spur productivity growth in Australia’s broadacre agriculture? A semi-parametric smooth coefficient approach Khan, F. Salim, Ruhul Sun, K. © 2018 Informa UK Limited, trading as Taylor & Francis Group This article analyses the role of research and development (R & D) in Australia’s broadacre farming by using the semi-parametric smooth coefficient model. While the conventional production function approach only captures the direct effects of R & D, this methodology captures both the direct impact of a change in R & D on output and the indirect impact through changes in efficiency of use of factor inputs in the production process. Moreover, technical inefficiency is introduced in the model allowing it as a function of R & D. Using a unique state-level dataset covering the period 1995–2007, this empirical study finds that once both the direct and indirect effects are taken into consideration, R & D investments significantly increase outputs. The results also show that there are substantial variations in the effects of R & D on output across the state-level average farm through technology parameters as well as through technical inefficiency. Such variations need to be taken into account when designing policies for investing public R & D in agriculture. 2018 Journal Article http://hdl.handle.net/20.500.11937/69198 10.1080/00036846.2018.1470316 Routledge fulltext |
| spellingShingle | Khan, F. Salim, Ruhul Sun, K. Does R&D spur productivity growth in Australia’s broadacre agriculture? A semi-parametric smooth coefficient approach |
| title | Does R&D spur productivity growth in Australia’s broadacre agriculture? A semi-parametric smooth coefficient approach |
| title_full | Does R&D spur productivity growth in Australia’s broadacre agriculture? A semi-parametric smooth coefficient approach |
| title_fullStr | Does R&D spur productivity growth in Australia’s broadacre agriculture? A semi-parametric smooth coefficient approach |
| title_full_unstemmed | Does R&D spur productivity growth in Australia’s broadacre agriculture? A semi-parametric smooth coefficient approach |
| title_short | Does R&D spur productivity growth in Australia’s broadacre agriculture? A semi-parametric smooth coefficient approach |
| title_sort | does r&d spur productivity growth in australia’s broadacre agriculture? a semi-parametric smooth coefficient approach |
| url | http://hdl.handle.net/20.500.11937/69198 |