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Evaluating Privately Funded Public Research: An Example With Poultry And Eggs

  • Stephen Martinez (a1) and George W. Norton (a2)

Abstract

A procedure is described for evaluating poultry and egg research projects. A peer review questionnaire and benefit-cost analysis are utilized incorporating elasticities from an econometric model for poultry and eggs. Production, cost, and price changes are used to calculate changes in producer surplus and net economic surplus for a set of privately funded publicly conducted research projects.

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