Agricultural R&D investment, poverty and economic growth in sub-Saharan Africa: Prospects and needs to 205

Alejandro Nin Pratt ()

No 126802, 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil from International Association of Agricultural Economists

Abstract: This paper looks at past trends of agricultural R&D allocation in developing countries, projects future performance of agriculture in these regions based in past investment and determines the optimal allocation of R&D investment across regions to maximize global welfare using a dynamic linear programming model of global agriculture. Results suggest that present allocation of agricultural R&D in SSA is highly inefficient and substantial gains could be obtained by increasing investment in East Africa in the next twenty years. At the global level, differences between efficient and present investment allocation are smaller than those observed within SSA due to the importance of China as an innovator in agriculture.

Keywords: Agricultural and Food Policy; Agricultural Finance; International Development (search for similar items in EconPapers)
Pages: 24
Date: 2012
New Economics Papers: this item is included in nep-afr, nep-agr and nep-ino
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae12:126802

DOI: 10.22004/ag.econ.126802

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