This paper calculates the rate of return to a set of cowpea research, extension and distribution projects in Senegal to be between 31% and 92%. The results show that a modestly funded program on a secondary crop can be successful. They also indicate that programs may increase their effectiveness...

The Symposium on the Impact of Technology on Agricultural Transformation in Sub-Saharan Africa funded by AID/AFR/ARTS and AID/RD/EID under the Michigan State University Food Security Cooperative Agreements, was held in Washington, D.C., Oct. 14-16, 1992. A primary purpose of the symposium was to...

The emergence of agricultural biotechnology and policy responses to is altering global agricultural trade patterns. This paper models the effects of restrictive policies concerning the production and consumption of genetically modified agricultural products. The model relies on a...

This paper examines the impact of European Union policy on genetically modified organisms on trade flows and economic growth. Restrictive European Union policies on biotech production and consumption result in: an effective export subsidy of capital to the South; new trade flows; North America...

This paper presents case-study results and aggregate data to evaluate the impact of research in African agriculture. Of 32 case studies, all but eight report annual returns over 20% and many are far higher, with most gains arising in the late 1980s and 1990s. Spurred by policy reforms and...

Most of the empirical literature calculating rates of return to publicly sponsored research assumes that research is the only relevant government intervention. For most countries this assumption is untenable. This paper shows that improperly measuring government induced market distortions can...