Payoffs to a half century of CGIAR research
The CGIAR is a unique and highly successful institutional arrangement for funding and conducting multilateral agricultural R&D. Established in 1971, the CGIAR has spent about $60 billion in present value terms mainly on R&D for staple food crops to support the world's poor. In this study, we provide...
| Autores principales: | , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Wiley
2022
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| Acceso en línea: | https://hdl.handle.net/10568/119445 |
| _version_ | 1855535547270823936 |
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| author | Alston, Julian Pardey, Philip G. Rao, Xudong |
| author_browse | Alston, Julian Pardey, Philip G. Rao, Xudong |
| author_facet | Alston, Julian Pardey, Philip G. Rao, Xudong |
| author_sort | Alston, Julian |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The CGIAR is a unique and highly successful institutional arrangement for funding and conducting multilateral agricultural R&D. Established in 1971, the CGIAR has spent about $60 billion in present value terms mainly on R&D for staple food crops to support the world's poor. In this study, we provide a quantitative assessment of the past payoffs to CGIAR research. We compiled a comprehensive set of all known studies reporting estimates of returns to CGIAR research and to public research undertaken by low‐ and middle‐income countries. We transformed these rate of return estimates into standardized benefit–cost ratios (BCRs), and we conducted a statistical meta‐analysis. As a robustness check, we also undertook two complementary assessments. These comprised a selective review of nine (“billion‐dollar”) studies reporting large‐scale benefits to CGIAR investments and an approximation approach based on an attribution of total factor productivity growth. The results are remarkably similar across the methods. All the evidence points to an overall BCR on the order of 10:1 across the portfolio for past CGIAR research investments. |
| format | Journal Article |
| id | CGSpace119445 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace1194452024-05-01T08:18:59Z Payoffs to a half century of CGIAR research Alston, Julian Pardey, Philip G. Rao, Xudong agricultural research for development impact assessment food crops investment policies cgiar investigación agrícola para el desarrollo evaluación del impacto cultivos alimenticios The CGIAR is a unique and highly successful institutional arrangement for funding and conducting multilateral agricultural R&D. Established in 1971, the CGIAR has spent about $60 billion in present value terms mainly on R&D for staple food crops to support the world's poor. In this study, we provide a quantitative assessment of the past payoffs to CGIAR research. We compiled a comprehensive set of all known studies reporting estimates of returns to CGIAR research and to public research undertaken by low‐ and middle‐income countries. We transformed these rate of return estimates into standardized benefit–cost ratios (BCRs), and we conducted a statistical meta‐analysis. As a robustness check, we also undertook two complementary assessments. These comprised a selective review of nine (“billion‐dollar”) studies reporting large‐scale benefits to CGIAR investments and an approximation approach based on an attribution of total factor productivity growth. The results are remarkably similar across the methods. All the evidence points to an overall BCR on the order of 10:1 across the portfolio for past CGIAR research investments. 2022-03 2022-05-03T12:09:18Z 2022-05-03T12:09:18Z Journal Article https://hdl.handle.net/10568/119445 en Limited Access Wiley Alston, J.; Pardey, P.; Rao, X. (2021) Payoffs to a half century of CGIAR research. American Journal of Agricultural Economics 104(2) p. 502-529. ISSN: 0002-9092 |
| spellingShingle | agricultural research for development impact assessment food crops investment policies cgiar investigación agrícola para el desarrollo evaluación del impacto cultivos alimenticios Alston, Julian Pardey, Philip G. Rao, Xudong Payoffs to a half century of CGIAR research |
| title | Payoffs to a half century of CGIAR research |
| title_full | Payoffs to a half century of CGIAR research |
| title_fullStr | Payoffs to a half century of CGIAR research |
| title_full_unstemmed | Payoffs to a half century of CGIAR research |
| title_short | Payoffs to a half century of CGIAR research |
| title_sort | payoffs to a half century of cgiar research |
| topic | agricultural research for development impact assessment food crops investment policies cgiar investigación agrícola para el desarrollo evaluación del impacto cultivos alimenticios |
| url | https://hdl.handle.net/10568/119445 |
| work_keys_str_mv | AT alstonjulian payoffstoahalfcenturyofcgiarresearch AT pardeyphilipg payoffstoahalfcenturyofcgiarresearch AT raoxudong payoffstoahalfcenturyofcgiarresearch |