Estimating Returns to Agricultural Research, Extension, and Teaching at the State Level
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Cambridge University Press
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The majority of decisions concerning investment and allocation of public funds for agricultural research, extension, and teaching (RET) are made at the state-level, while most of the quantitative RET evaluations are made on a national basis. This paper illustrates an approach for conducting a disaggregated state-level evaluation of agricultural research, extension, and teaching. Ridge regression is employed to handle multicollinearity problems.
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economics and econometrics, agricultural and biological sciences (miscellaneous)