Cost-effective extension strategies are needed to promote widespread adoption of agricultural technologies in developing countries. Integrated pest management (IPM) practices, for example, can offer economic, health, and environmental benefits but remain largely underused. This study evaluates...

With the growing competition for Federal dollars, the land grant universities were asked to justify their budget to the Congress and the Office of Management and Budget using benefitcost analysis. The authors review previous studies of returns to agricultural research and present an analysis of...

The adoption of new technologies by farmers may impact the environment, and hence affect consumer welfare. This channel of impact is seldom assessed in the literature, especially when the production technologies adopted are not labeled on the consumption goods, and as a result are not directly...

Methods are presented for evaluating the economic benefits of agricultural economics research (AER). Decision theory and economic surplus analysis are used to evaluate returns to five representative types of AER. Benefits stem from effects of AER on economic efficiency through reduced...

This paper identifies direct costs and opportunity costs of bio-safety regulation for four transgenic products in the Philippines: Bt eggplant, Bt rice, ringspot-virus resistant papaya, and virus resistant tomatoes. It finds that direct regulatory costs while significant, are generally smaller...

Strategic priorities are assessed for the agricultural research system in Zimbabwe in a situation characterized by multiple objectives, farm-types, and agro-ecological zones. Economic surplus analysis is used to rank research programs by commodity and research program areas in total and...

A wealth of information exists on ex post returns to research investments for agriculture in the aggregate and for several agricultural commodity groups of commercial importance in the United States. Many of the investments made in agricultural research and, consequently, many of the allocative...

economic surplus, imperfect markets, adoption rate, GMO, monopoly power.