Agricultural R&D investments and development goals in sub Saharan Africa: Assessing prioritisation of value chains in Senegal
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Title |
Agricultural R&D investments and development goals in sub Saharan Africa: Assessing prioritisation of value chains in Senegal
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Creator |
Benfica, Rui
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Subject |
agricultural value chains
research and development resource allocation poverty growth jobs diets rural investment policy analysis Computable General Equilibrium (CGE) model value chains export crops groundnuts rice poultry grains cattle vegetables oilseeds fruits modelling agri-food system agricultural growth |
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Description |
We look at the prioritisation of agricultural value chains (VCs) for the allocation of R&D resources that maximise development outcomes (poverty, growth, jobs and diets) in Senegal. This study used (a) the rural investment and policy analysis (RIAPA) computable general equilibrium (CGE) model; (b) the perpetual inventory model (PIM), and (c) information on the elasticities of VC total factor productivity (TFP) with respect to R&D knowledge stocks (KS) to discuss the value chain priority allocations of R&D resources. The results indicate that no value chain is the most effective at improving all outcomes. The most effective value chains to be efficiently supported through R&D investments are traditional export crops, groundnuts, rice, poultry, sorghum/millet and cattle. Other promising value chains with potential effects at scale include vegetables, oilseeds and fruits. Future modelling needs to focus on deepening the standardisation and integration of R&D investments in this framework and bring together other factors and complementary agri-food system (AFS) investment dimensions that are relevant to sustainable and inclusive agricultural growth.
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Date |
2022-08-01
2022-12-22T11:29:55Z 2022-12-22T11:29:55Z |
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Type |
Journal Article
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Identifier |
Benfica, Rui. 2022. Agricultural R&D investments and development goals in sub Saharan Africa: Assessing prioritisation of value chains in Senegal. African Journal of Agricultural and Resource Economics 17(2): 126-145. https://doi.org/10.53936/afjare.2022.17(2).9
1993-3738 https://hdl.handle.net/10568/126242 https://doi.org/10.53936/afjare.2022.17(2).9 |
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Language |
en
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Rights |
Other
Open Access |
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Format |
126-145
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Publisher |
African Association of Agricultural Economists (AAAE)
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Source |
African Journal of Agricultural and Resource Economics
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