A meta-analysis of rates of return to agricultural R & D: ex pede Herculem?

IFPRI has long argued that spending on agricultural research constitutes a sound investment in poverty reduction and agricultural and economic growth, through improvements in productivity. This argument is based partly on the reported evidence of high rates of return to agricultural research, typica...

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Autores principales: Alston, Julian M., Wyatt, T. J., Pardey, Philip G., Marra, Michele C., Chan-Kang, Connie
Formato: Informe técnico
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2000
Materias:
Acceso en línea:https://hdl.handle.net/10568/158016
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author Alston, Julian M.
Wyatt, T. J.
Pardey, Philip G.
Marra, Michele C.
Chan-Kang, Connie
author_browse Alston, Julian M.
Chan-Kang, Connie
Marra, Michele C.
Pardey, Philip G.
Wyatt, T. J.
author_facet Alston, Julian M.
Wyatt, T. J.
Pardey, Philip G.
Marra, Michele C.
Chan-Kang, Connie
author_sort Alston, Julian M.
collection Repository of Agricultural Research Outputs (CGSpace)
description IFPRI has long argued that spending on agricultural research constitutes a sound investment in poverty reduction and agricultural and economic growth, through improvements in productivity. This argument is based partly on the reported evidence of high rates of return to agricultural research, typically believed to be in the range of 40–60 percent per year. Yet there continues to be controversy over whether these figures are to be believed, and over what they actually indicate. This study represents the first attempt to take a comprehensive look at all the available evidence on rates of return to investments in agricultural R&D since 1953, and the only attempt to do so in a formal statistical fashion. This report has compiled and documented the literature in ways that make it more accessible and more useful to other researchers and policymakers, as well as others interested in the evidence. The analysis reveals some systematic patterns and some sources of biases that make it easier to interpret the evidence and draw meaningful conclusions. (Excerpted from Summary by Per Pinstrup-Andersen)
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spelling CGSpace1580162025-01-10T06:35:30Z A meta-analysis of rates of return to agricultural R & D: ex pede Herculem? Alston, Julian M. Wyatt, T. J. Pardey, Philip G. Marra, Michele C. Chan-Kang, Connie development evaluation agricultural research statistics agricultural economics policies IFPRI has long argued that spending on agricultural research constitutes a sound investment in poverty reduction and agricultural and economic growth, through improvements in productivity. This argument is based partly on the reported evidence of high rates of return to agricultural research, typically believed to be in the range of 40–60 percent per year. Yet there continues to be controversy over whether these figures are to be believed, and over what they actually indicate. This study represents the first attempt to take a comprehensive look at all the available evidence on rates of return to investments in agricultural R&D since 1953, and the only attempt to do so in a formal statistical fashion. This report has compiled and documented the literature in ways that make it more accessible and more useful to other researchers and policymakers, as well as others interested in the evidence. The analysis reveals some systematic patterns and some sources of biases that make it easier to interpret the evidence and draw meaningful conclusions. (Excerpted from Summary by Per Pinstrup-Andersen) 2000 2024-10-24T12:53:09Z 2024-10-24T12:53:09Z Report https://hdl.handle.net/10568/158016 en Open Access application/pdf International Food Policy Research Institute Alston, Julian M.; Wyatt, T. J.; Pardey, Philip; Marra, Michele C.; Chan-Kang, Connie. 2000. A meta-analysis of rates of return to agricultural R & D: ex pede Herculem? Research Report 113. https://hdl.handle.net/10568/158016
spellingShingle development
evaluation
agricultural research
statistics
agricultural economics
policies
Alston, Julian M.
Wyatt, T. J.
Pardey, Philip G.
Marra, Michele C.
Chan-Kang, Connie
A meta-analysis of rates of return to agricultural R & D: ex pede Herculem?
title A meta-analysis of rates of return to agricultural R & D: ex pede Herculem?
title_full A meta-analysis of rates of return to agricultural R & D: ex pede Herculem?
title_fullStr A meta-analysis of rates of return to agricultural R & D: ex pede Herculem?
title_full_unstemmed A meta-analysis of rates of return to agricultural R & D: ex pede Herculem?
title_short A meta-analysis of rates of return to agricultural R & D: ex pede Herculem?
title_sort meta analysis of rates of return to agricultural r d ex pede herculem
topic development
evaluation
agricultural research
statistics
agricultural economics
policies
url https://hdl.handle.net/10568/158016
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