Title:	Agricultural R&D investments in Brazil: global responses and local spillovers.
Authors:	LIMA, C. Z. de MARTHA JUNIOR, G. B. BARIONI, L. G. BALDOS, U. C. HERTEL, T.
Affiliation:	CICERO ZANETTI DE LIMA, FUNDAÇÃO GETÚLIO VARGAS GERALDO BUENO MARTHA JUNIOR, CNPTIA LUIS GUSTAVO BARIONI, CNPTIA URIS C. BALDOS, PURDUE UNIVERSITY THOMAS W. HERTEL, PURDUE UNIVERSITY.
Date Issued:	2022
Citation:	In: ANNUAL CONFERENCE ON GLOBAL ECONOMIC ANALYSIS, 25., 2022. Accelerating economic transformation, diversification and job creation. West Lafayette: Center for Global Trade Analysis, 2022.
Pages:	p. 1-14.
Description:	Abstract: Brazil has made significant investments in public agricultural research and development (R&D) over the past 50 years. This policy priority has allowed the country to achieve high levels of total factor productivity (TFP) growth, especially in the past two decades. These investments have benefitted consumers, both in Brazil and worldwide. Brazil had not fully recovered from a recent economic recession (mid-2014 to 2016) when the COVID-19 pandemic hit the global economy. Before COVID-19 public agricultural R&D expenditures in Brazil had already declined compared to its 2000-2017 levels. The fiscal deterioration in the wake of this pandemic could further jeopardize Brazil?s capacity to invest in agricultural R&D. This paper explores the potential consequences of such a slowdown in public agricultural R&D expenditures in Brazil, and hence on productivity growth rates, land use, agricultural output, yields, and food prices at both the national and global levels over the 2017-2050 horizon.
Thesagro:	Pesquisa Agrícola Pesquisa Pecuária Investimento Economia Agrícola Economia da Produção Impacto Econômico Política Agrícola
NAL Thesaurus:	Agricultural research Public research Investment policy Land economics Agricultural economics Agricultural policy
Keywords:	Agricultura brasileira Fator de produtividade Total factor productivity
ISSN:	2160-2115
Notes:	Virtual conference. #6679
Type of Material:	Artigo em anais e proceedings
Access:	openAccess
Appears in Collections:	Artigo em anais de congresso (CNPTIA)