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Economic analysis and priorities of agricultural research
Authors:Michael Knee
Affiliation:Agricapital Group, The British Society for Social Responsibility in Science, London, UK
Abstract:This response to two previous papers in Food Policy argues that cost-benefit analyses of agricultural research have not recognized the constraints on markets for farm produce, which also affect the realization of policy objectives. Policy evaluation could be assisted by economic analysis, but this should not lead to the neglect of non-economic values.
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