Ex Ante Economic Analysis in AKIS Projects : Methods and Guidelines for Good Practice
This note outlines an approach to economic analysis in agricultural research and extension (R&E) projects financed under World Bank loans and credits. It provides guidelines and recommends steps to take during project preparation and implementa...
| Main Authors: | , , , |
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| Format: | Publications & Research |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2000/03/16569695/ex-ante-economic-analysis-akis-projects-methods-guidelines-good-practice http://hdl.handle.net/10986/16183 |
| Summary: | This note outlines an approach to
economic analysis in agricultural research and extension
(R&E) projects financed under World Bank loans and
credits. It provides guidelines and recommends steps to take
during project preparation and implementation. 1)
agricultural research investments should be evaluated at the
level of research programs for important commodities or
production systems. 2) agricultural extension investments
are often best evaluated using rough measures of
cost-effectiveness or unit costs. 3) alternatively,
break-even analyses can be conducted for extension programs
to show the minimum impact needed to justify proposed
expenditures. 4) during project preparation, economic
analyzes should focus on retrospective technology adoption
and impact studies, and prospective technology case studies
. 5) during project implementation, the emphasis should be
on establishing systems that incorporate economic analysis
on an ongoing basis into R&E evaluation, planning, and
priority setting. 6) evaluators within the national
agricultural research system should conduct the economic
analyzes whenever possible to build local capacity and
foster local ownership of the results. 7) all economic
analyzes should use the economic surplus method or a
simplification thereof, such as a cost-benefit analysis. |
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