publication . Other literature type . Preprint . 1981

The Changing Cost of Performing Agricultural Research: An Index Approach

Murphy, Joseph W.; Kaldor, Donald R.; Murphy, Joseph W.; Kaldor, Donald R.;
English
  • Published: 01 Jan 1981
  • Publisher: Unknown
Abstract
Inflation erodes the purchasing power of dollars in every budget in our society. Budgets of agricultural research organizations have been no exception. Inflation has been defined as an increase in the average of prices {I}. A popular indicator of the rate of inflation is the annual percentage change in the Consumer Price Index (cpr) {2}, The CPI is intended to apply to consumer purchases, yet the concept implies that a similar indicator of the annual percentage change in prices of inputs purchased by agricultural research organizations conceivably could be developed. This paper reports an attempt to develop a quantitative measure of changes in the purchasing pow...
Subjects
free text keywords: Research and Development/Tech Change/Emerging Technologies,, Research and Development/Tech Change/Emerging Technologies
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue
publication . Other literature type . Preprint . 1981

The Changing Cost of Performing Agricultural Research: An Index Approach

Murphy, Joseph W.; Kaldor, Donald R.; Murphy, Joseph W.; Kaldor, Donald R.;