{"title":"Costs, Benefits, and Welfare Implications of USAID Investment in Agricultural Research through U.S. Universities","authors":"T. Dalton, K. Fuglie","doi":"10.1017/aae.2022.18","DOIUrl":null,"url":null,"abstract":"Abstract 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.","PeriodicalId":14970,"journal":{"name":"Journal of Agricultural and Applied Economics","volume":"54 1","pages":"461 - 479"},"PeriodicalIF":1.6000,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Agricultural and Applied Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1017/aae.2022.18","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
引用次数: 1
Abstract
Abstract 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.
期刊介绍:
Published on behalf of the Southern Agricultural Economics Association, the Journal of Agricultural and Applied Economics is a forum for creative and scholarly work in agricultural economics and related areas. Contributions on methodology and applications in business, extension, research, and teaching phases of agricultural and applied economics are equally encouraged. As of 2015 (Vol 47), articles are published on an open access basis.