Date of this Version
Cornhusker Economics, January 19, 2000, agecon.unl.edu/cornhuskereconomics
For more than a century, taxpayers in Nebraska and across the nation have invested in agricultural research through the University of Nebraska's Agricultural Research Division (ARD). In the past two fiscal years, the ARD received an average of $27 million from state taxpayers and $13 million from federal taxpayers - a total of $40 million per year. In the study described below, we found that the annual net benefit from just one ARD research effort is about equal to this entire public expenditure.