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Potential Benefits of Agricultural Research and Extension in Peru
Author(s) -
Norton George W.,
Ganoza Victor G.,
Pomareda Carlos
Publication year - 1987
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1242274
Subject(s) - extension (predicate logic) , ex ante , economics , agriculture , government (linguistics) , agricultural extension , economic surplus , agricultural economics , public economics , business , geography , macroeconomics , welfare , market economy , archaeology , computer science , programming language , linguistics , philosophy
The benefits of agricultural research and extension are examined in an ex ante consumer‐producer surplus framework for five commodities in Peru. The effects of demand shifts over time and government pricing policies on research and extension benefits are considered. Data for the analysis include the results of research and extension questionnaires administered at seven sites in Peru. The projected rates of return to research and extension indicate substantial returns to public investments.