Research

New methods aren’t always silver bullets: Challenges with use of the inverse hyperbolic sine transformation for elasticity estimation

How do different types of expenditures relate to households’ overall budgets? To characterize this relationship, economists frequently use demand elasticities, which are the percent change in expenditures on a given item (or group of items) associated with a percent change in their budget. Using household expenditure data, a simple way to generate an elasticity estimate …

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Policy seminar: COVID-19 impacts on African agricultural trade and food security

The COVID-19 pandemic has crippled a number of African agricultural exports, while dependency on food imports and lower purchasing power across much of the continent threaten to push millions more into food insecurity and poverty. A Sept. 17 IFPRI policy seminar, organized with the support of USAID, explored the interaction of the pandemic’s macroeconomic and microeconomic …

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Agricultural extension

Agricultural transformation and development are critical to the livelihoods of more than a billion small-scale farmers and other rural people in developing countries. Extension and advisory services play an important role in such transformation and can assist farmers with advice and information, brokering and facilitating innovations and relationships, and dealing with risks and disasters. Agricultural …

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