Journal or Book Title
First Page or Article ID Number
The United States has developed a very successful R&D system for agriculture. It is a system of shared cost and performance. The federal government provides about 24 percent of all agricultural research funds, while state governments provide 16 percent and the private sector assumes the remaining 60 percent. In contrast, federal agencies actually perform about 15 percent of the research, compared to 31 percent carried out by state agencies and 54 percent conducted by private businesses. Thus, the federal government and private sector transfer, on net, funds to state institutions for performing agricultural research.
Agricultural & Applied Economics Association
Huffman, Wallace, "Funding Public Agricultural Research" (1997). Economics Publications. 365.