Agricultural R&D Expenditure in Africa: An Analysis of Growth and Volatility
Gert-Jan Stads and
Additional contact information
Gert-Jan Stads: International Food Policy Research Institute, Washington DC, USA
The European Journal of Development Research, 2015, vol. 27, issue 3, 406 pages
Agricultural research and development (R&D) investment is positively associated with high returns, but these returns take time – often decades – to develop. Consequently, the inherent lag from the inception of research to the adoption of new technologies calls for sustained and stable R&D funding. This article introduces a quantitative measure to assess volatility in agricultural R&D spending. It reveals that agricultural R&D spending in Sub-Saharan Africa (SSA) has been substantially more volatile than in other developing regions, which is the consequence of low levels of government funding, coupled with a high dependence on short-term and ad hoc donor and development bank funding. Rather than relying too much on external funding, SSA governments need to clearly identify long-term priorities, design focused and coherent agricultural R&D programmes accordingly, and commit sufficient funding for their implementation, while donor funding needs to be better aligned with national priorities. Moreover, diversification of funding sources is needed to better absorb funding shocks.
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
http://www.palgrave-journals.com/ejdr/journal/v27/n3/pdf/ejdr201525a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/ejdr/journal/v27/n3/full/ejdr201525a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pal:eurjdr:v:27:y:2015:i:3:p:391-406
Ordering information: This journal article can be ordered from
Access Statistics for this article
The European Journal of Development Research is currently edited by Spencer Henson and Natalia Lorenzoni
More articles in The European Journal of Development Research from Palgrave Macmillan, European Association of Development Research and Training Institutes (EADI) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().