Review of What’s Economics Worth? Valuing Policy Research

dc.contributor.author Moschini, Giancarlo
dc.contributor.author Moschini, Giancarlo
dc.contributor.department Economics
dc.date 2018-02-17T22:19:26.000
dc.date.accessioned 2020-06-30T02:05:02Z
dc.date.available 2020-06-30T02:05:02Z
dc.date.copyright Mon Jan 01 00:00:00 UTC 2007
dc.date.issued 2007-01-01
dc.description.abstract <p>This collection of papers—which grew out of an effort initiated by the In- ternational Food Policy Research Institute, with preliminary contributions presented at three symposia between 1996 and 2001—intellectually flows from the strand of applied economics that has endeavored to measure the returns to investments in technology and scientific research and development (R & D). Having found handsome returns for many R & D ventures, especially in agriculture, this body of research has lent itself well to advocating continued and increased public support for science—to the delight of many a scientist but, in an age of increasingly tight budget constraints, with troublesome implications for those calling for equally strong support for social sciences. It seemed then to be a legitimate extension, hopefully leading to a bit of useful self-promotion, to ask a similar question of social sciences in general and economics in particular (and policy research specifically). The result is a wide- ranging assortment of contributions, sprinkled with methodological reflections and observations, and some data. The book contains 13 chapters, including some previously published papers but also several contributed or commissioned original pieces. At its best junctures the book is thought provoking, providing insightful remarks as well as useful analogies and valuable personal viewpoints. It thus succeeds in arousing the reader’s interest in a set of questions that do not usually command the attention of economists’ working hours. The relative novelty of some of the issues addressed may encourage further related work, which would make this book a useful starting point. Inevitably, however, some critical questions are left unanswered, while others turn out to be intractable.</p>
dc.description.comments <p>This is a book review from <em>Economic Development and Cultural Change </em>55 (2007): 425, doi: <a href="http://dx.doi.org/10.1086/508724" target="_blank">10.1086/508724</a>. Posted with permission.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/econ_las_pubs/160/
dc.identifier.articleid 1161
dc.identifier.contextkey 9151710
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_pubs/160
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/21345
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/econ_las_pubs/160/2007_Moschini_EconomicsWorth.pdf|||Fri Jan 14 20:53:38 UTC 2022
dc.source.uri 10.1086/508724
dc.subject.disciplines Economic Theory
dc.subject.disciplines Macroeconomics
dc.subject.disciplines Other Economics
dc.title Review of What’s Economics Worth? Valuing Policy Research
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isAuthorOfPublication 875efd32-d51f-480d-8d4b-3d87da3f2678
relation.isOrgUnitOfPublication 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d
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