Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/126906 
Year of Publication: 
2012
Series/Report no.: 
PIDS Discussion Paper Series No. 2012-40
Publisher: 
Philippine Institute for Development Studies (PIDS), Makati City
Abstract: 
The fruits and vegetables subsector shows great dynamism despite lack of government support compared to other subsectors within agriculture. To further realize the potential of the fruits and vegetables sector, one promising instrument is investment in research and development (R&D). The government is the primary source of funding for agricultural R&D efforts due to the "public good" character of such kind of research. However, the Philippines lags behind its neighbors in Asia in terms of agricultural research investment. Moreover, current R&D investments are skewed toward traditional commodities. This paper assesses the prospective impact at the industry level of fruits and vegetables R&D using the ACIAR-PCAARRD horticulture project as case study. An economic surplus model running on a spreadsheet is used to evaluate measures of project worth for R&D investment. Application of the model shows the high social returns from raising investments in horticulture R&D.
Subjects: 
Philippines
agricultural policy
research and development (R&D)
ex ante impact assessment
horticulture
economic surplus
Document Type: 
Working Paper

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