R&D is one of the most important and suitable strategies government’s policies for increasing of agricultural production and supply. In this study, in addition of economic evaluation of agricultural R&D and determination of its rate of return, optimal Iran’s agricultural R&D expenditure is determined. So, in this article, ex-post and ex-ante evaluation by using of Mathematical programming approach are used for determination and evaluation of agricultural R&D expenditure for years of 1967-2007. Estimation of optimal R&D expenditure indicate that optimal R&D budget is 23.5 percent more than current R&D budget and optimal optimal supply is 14.4 percent more than current supply. Results indicate that rate of return for current agriculture R&D is 29.12 percent. Whereas added R&D rate of return respect to Current R&D is 38.35 percent.
Hosseini, S. S., & Shahbazi, H. (2014). Determination of Iran's Agricultural Optimal R&D Expenditure. Iranian Journal of Agricultural Economics and Development Research, 45(1), 23-40. doi: 10.22059/ijaedr.2014.51575
MLA
Seyed Safdar Hosseini; Habib Shahbazi. "Determination of Iran's Agricultural Optimal R&D Expenditure". Iranian Journal of Agricultural Economics and Development Research, 45, 1, 2014, 23-40. doi: 10.22059/ijaedr.2014.51575
HARVARD
Hosseini, S. S., Shahbazi, H. (2014). 'Determination of Iran's Agricultural Optimal R&D Expenditure', Iranian Journal of Agricultural Economics and Development Research, 45(1), pp. 23-40. doi: 10.22059/ijaedr.2014.51575
VANCOUVER
Hosseini, S. S., Shahbazi, H. Determination of Iran's Agricultural Optimal R&D Expenditure. Iranian Journal of Agricultural Economics and Development Research, 2014; 45(1): 23-40. doi: 10.22059/ijaedr.2014.51575
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