02293nam a2200385 a 450000100080000000500110000800800410001902200140006010000190007424501060009326001930019930000130039250000300040552010130043565000270144865000240147565000260149965000220152565000190154765000200156665000230158665000270160965000230163665000170165965000230167665000230169965000240172265300270174665300270177365300300180070000250183070000190185570000180187470000150189221506602023-01-27       2022    bl uuuu     u00u1 u    #d  a2160-21151 aLIMA, C. Z. de  aAgricultural R&D investments in Brazilbglobal responses and local spillovers.h[electronic resource]  aIn: ANNUAL CONFERENCE ON GLOBAL ECONOMIC ANALYSIS, 25., 2022. Accelerating economic transformation, diversification and job creation. West Lafayette: Center for Global Trade Analysisc2022  ap. 1-14.  aVirtual conference. #6679  aAbstract: 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.  aAgricultural economics  aAgricultural policy  aAgricultural research  aInvestment policy  aLand economics  aPublic research  aEconomia Agrícola  aEconomia da Produção  aImpacto Econômico  aInvestimento  aPesquisa Agrícola  aPesquisa Pecuária  aPolítica Agrícola  aAgricultura brasileira  aFator de produtividade  aTotal factor productivity1 aMARTHA JUNIOR, G. B.1 aBARIONI, L. G.1 aBALDOS, U. C.1 aHERTEL, T.