Regional Development in American Agriculture ∗
نویسندگان
چکیده
This paper uses the establishment of federal agricultural experiment stations to provide new evidence on the effects of university research on long-term regional development. Our analysis of county-level agricultural census data from 1870 to 2000 reveals that station establishment increased local crop revenue per acre for 30-40 years, but localization effects do not persist to the present day. We also show localized firm adjustments to station establishment lead TFP spillovers to be less than half of the crop revenue per acre response. Lastly, areas with high knowledge absorption capabilities show a weaker relationship between geographic distance to
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