USA - Agricultural Research Funding in the Public and Private Sectors
USA
February 26, 2018
Data for public and private funding of food and agricultural research and development cover the years 1970-2015 (public) and 1970-2014 (private). Data are available in nominal dollars and in values adjusted for inflation.
Public funding is based on data from two sources:
Private funding estimates are constructed by ERS, based on the methodology presented in the ERS report:
Private agricultural input research is more likely to have impacts on agricultural productivity than private food manufacturing research, so these two components of private research are also available separately in the data.
The research deflator (used to convert current dollars to real) is constructed by ERS, based on the methodology described in Pardey et al. (U.S. Agricultural Research Deflators: 1890-1985), Research Policy 18:5 (1989): 289-296.
For more details see Documentation and Definitions and Related Resources. Note that the series methodology and estimates have been revised with this release, see Update and Revision History for details.
More news from: USDA - ERS (Economic Research Service)
Website: http://www.ers.usda.gov/ Published: February 26, 2018 |
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