Impact of institutions and public research on private agricultural research⋆
用七个欧盟国家的面板数据，通过计量模型分析经济激励和制度因素如何影响私人农业研发投资，发现两者都有显著作用，且加入制度因素会改变结果。
Abstract The objective of this paper is to present econometric evidence of the effects of economic incentives and institutions on national aggregate private agricultural R&D investments. An econometric model of national aggregate annual private R&D investment is specified and fitted to panel data consisting of seven EU countries (Austria, Germany, Italy, The Netherlands, Portugal, Spain and Sweden) over “1984”. We find strong impacts of both incentives and institutions on private agricultural R&D investment. Including institutional factors strengthens the story and in some cases greatly changes the results.