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Assessing the Impact of International Natural Resource Management Research: The Case of Zero Tillage in India's Rice-Wheat Systems AgEcon
Laxmi, Vijay; Erenstein, Olaf.
A conservative ex-ante assessment of supply-shift gains alone (excluding social and environmental gains), shows that the investment in zero tillage (ZT) R&D by the Rice-Wheat Consortium and CIMMYT was highly beneficial with a benefit-cost ratio of 39, a net present value of US$ 94 million and an internal rate of return 57%. Sensitivity analysis highlights the influential role of the yield gain, the contribution of reduced tillage (i.e. partial adoption) and the assumed time-lag. Significant positive spillovers of sunk ZT R&D costs – both previous and from elsewhere - also contributed to the high returns. The case thereby highlights the potential gains from successful technology transfer and adaptation. The case however also underscores that...
Tipo: Conference Paper or Presentation Palavras-chave: Natural resource management research; Impact assessment; Economic surplus; Zero tillage; Q11; Q12; Q16; Crop Production/Industries; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/25694
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