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Cost Benefit Analysis of Mali’s Sorghum and Millet Value Chains

Author

Listed:
  • Mikhail Miklyaev

    (JDINT’L Executive Programs Department of Economics, Queen’s University, Canada and Cambridge Resources International Inc.)

  • Shahryar Afra

    (Cambridge Resources International Inc.)

  • Melani Schultz

    (International Development Group)

  • Adeline Awantang

    (International Development Group)

  • Mathilde Laval

    (International Development Group)

Abstract

This paper presents the findings of the CBA of Mali’s work with the sorghum and millet value chains (VCs). The analysis looks at evaluating the recent Feed the Future (FtF) activities implemented under the Africa RISING’ large-scale diffusion of technologies for sorghum and millet systems (ARDT_SMS). It is seen that ARDT_SMS project has produced positive economic returns, with an ERR of 24 percent and an ENPV of USD 14.33 million. The annual income of the millet farmers has increased from 27 to 126 USD/ha. In the sorghum VC the annual income of farmers has increased from 50.0 USD/ha to 115.0 USD/ha. Another important finding of the analysis is that significant fiscal savings due to reduced subsidy on fertilizers can be attributed to the project. The annual fiscal savings for the GoM from reduced subsidy requirement are estimated at 816,011 USD. The PV over project life amounts to 6.8 mill USD. Moreover, positive environmental impacts can be attributed to the project due to the reduced fertilizer consumption

Suggested Citation

  • Mikhail Miklyaev & Shahryar Afra & Melani Schultz & Adeline Awantang & Mathilde Laval, 2017. "Cost Benefit Analysis of Mali’s Sorghum and Millet Value Chains," Development Discussion Papers 2017-03, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:300
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    References listed on IDEAS

    as
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    2. Harberger, Arnold C, 1971. "Three Basic Postulates for Applied Welfare Economics: An Interpretive Essay," Journal of Economic Literature, American Economic Association, vol. 9(3), pages 785-797, September.
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    More about this item

    Keywords

    cost-benefit analysis; investment appraisal; stakeholder analysis; Sorghum and Millet value chain; marketing; Mali;
    All these keywords.

    JEL classification:

    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods

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