Abstract
This study analyzes the contribution that agricultural research and extension made to crop productivity in Pakistan from 1955 to 1981. Using a production function approach, it estimates the (marginal) internal rate of return to these activities. The estimated rate of around 36% is in the range reported for other countries. Considering this high rate of return and the low public spending on agricultural research and extension in Pakistan, the obvious policy recommendation is to allocate more and higher quality resources to these activities to facilitate a rapid increase in agricultural productivity.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
