Costs, Benefits, and Welfare Implications of USAID Investment in Agricultural Research through U.S. Universities

The U.S. Agency for International Development has invested limited funds in international agricultural research through U.S. universities. We present a meta-analysis of impact case studies from this investment. The median net present value of economic impacts at purchasing power parity is PPP$8.4 bi...

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Veröffentlicht in:Journal of agricultural and applied economics 2022-08, Vol.54 (3), p.461-479
Hauptverfasser: Dalton, Timothy J., Fuglie, Keith
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container_title Journal of agricultural and applied economics
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creator Dalton, Timothy J.
Fuglie, Keith
description The U.S. Agency for International Development has invested limited funds in international agricultural research through U.S. universities. We present a meta-analysis of impact case studies from this investment. The median net present value of economic impacts at purchasing power parity is PPP$8.4 billion compared to a cumulative investment of US$1.24 billion over 1978–2018. About four-fifths of these economic benefits accrued to individuals with incomes under $5.50/day and about 29% to those in extreme poverty. In addition to these limited case studies evaluating financial benefits and costs, we present several types of additional non-economic benefits.
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subjects Agricultural economics
Agricultural research
Case studies
Cost benefit analysis
Costs
Developing countries
Economic impact
Economics
Feeds
Fisheries
Food security
Food supply
Funding
Impact analysis
Innovations
LDCs
Livestock
Meta-analysis
Natural resource management
Nutrition
Poverty
Productivity
Purchasing power parity
R&D
Research & development
Technological change
title Costs, Benefits, and Welfare Implications of USAID Investment in Agricultural Research through U.S. Universities
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