D. K. Willy, I. Macharia, George Marechera, Grace Muinga, S. Mugo, R. Rotich, R. Oniang'o, J. Karanja, C. Obunyali, S. Oikeh
{"title":"Economic impact of DroughtTEGO hybrid maize in Kenya","authors":"D. K. Willy, I. Macharia, George Marechera, Grace Muinga, S. Mugo, R. Rotich, R. Oniang'o, J. Karanja, C. Obunyali, S. Oikeh","doi":"10.5897/JDAE2021.1274","DOIUrl":null,"url":null,"abstract":"This paper utilizes the Economic Surplus Model (ESM) to provide an ex-post evaluation of the economic impact of drought tolerant hybrid maize technology in Kenya. Results indicate that the adoption of DroughtTEGO® varieties will generate economic benefit to producers with a net present value of US$ 2.1 billion over a 20-year period. These benefits are sustainable when adoption levels remain above 32% and yield advantage at least 21% over the commercial hybrids. These results present a compelling reason for investing in development, deployment and upscaling of the technology to mitigate the effects of drought among maize producers in Africa. \n \n \n Key words: Adoption, climate-smart, DroughtTEGO®, drought mitigation, economic impact, economic-surplus model.","PeriodicalId":90891,"journal":{"name":"Journal of development and agricultural economics","volume":"13 1","pages":"215-226"},"PeriodicalIF":0.0000,"publicationDate":"2021-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of development and agricultural economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5897/JDAE2021.1274","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
This paper utilizes the Economic Surplus Model (ESM) to provide an ex-post evaluation of the economic impact of drought tolerant hybrid maize technology in Kenya. Results indicate that the adoption of DroughtTEGO® varieties will generate economic benefit to producers with a net present value of US$ 2.1 billion over a 20-year period. These benefits are sustainable when adoption levels remain above 32% and yield advantage at least 21% over the commercial hybrids. These results present a compelling reason for investing in development, deployment and upscaling of the technology to mitigate the effects of drought among maize producers in Africa.
Key words: Adoption, climate-smart, DroughtTEGO®, drought mitigation, economic impact, economic-surplus model.