A recent IFPRI research paper (July 2008) presents such an approach using spatial analysis and the Dynamic Research Evaluation for Management (Dream) modeling software, which was developed by the International Food Policy Research Institute to assess potential economic returns to agricultural R&D and guide resource allocation decisions. Dream is applied to the East and Central African region to estimate potential economic and technological spillovers from country- and regional-level R&D investments for select commodities based on future projections of supply and demand, trade flows between countries and world markets, and shared agroecologies and farming systems.
The results of the study indicate significant potential for agricultural technology spillovers within the region. Countries will therefore reap greater economic benefits in their search for technology solutions if they pool their resources and pursue regional initiatives for the common good.
Reference:
IFPRI Discussion Paper No. 776 Exploring Strategic Priorities for Regional Agricultural R&D Investments in East and Central Africa