Costs, Benefits, and Welfare Implications of USAID Investment in Agricultural Research through U.S. Universities

Timothy J. Dalton and Keith Fuglie

Journal of Agricultural and Applied Economics, 2022, vol. 54, issue 3, 461-479

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.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:54:y:2022:i:3:p:461-479_4

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