Exploring the Adoption and Impact of Conservation Agriculture among Smallholder Farmers in Semi-Arid Areas: Evidence from Chamwino District, Tanzania
Screening of Elite Mungbean Genotypes (Vigna radiata (L.) Wilczek) through Multivariate Analysis for Food and Nutritional Security
Resilience of Grain Storage Markets to Upheaval in Futures Markets
Navigating the Path to Sustainable Oil Palm Cultivation: Addressing Nexus Challenges and Solutions
Development Trends of the Market of Agricultural Lending to Households in Ukraine: Analysis of Consumer and Mortgage Loans
Agricultural Research in Colombia: Counterpoint with the Brazilian System
Is Policy Greasing the Wheels of Global Palm Oil Trade?
This document discusses international commodity agreements (ICAs) that aimed to stabilize commodity prices after World War 2. It outlines the theory that commodity price volatility is moderated by stock levels. Global stocks of many commodities have declined in recent decades. ICAs employed price bands and supply controls but generally collapsed due to various failures. Lessons include that stockholding measures could help address high grain price volatility today, but public stockholding risks crowding out private stocks. Overall stock levels depend on risk management opportunities as well as storage.
Virtual Global Food Reserve Policy to Protect the Poor and Prevent Market Fa...Joachim von Braun
The document proposes a virtual global food reserve policy to address food crises. It consists of two parts: 1) a minimum physical grain reserve for humanitarian assistance, and 2) a virtual reserve and intervention mechanism backed by a financial fund. The virtual reserve would intervene in futures markets when prices rise above estimated price bands, executing silent short sales to lower speculative prices without realizing losses. This mechanism aims to stabilize prices through influencing expectations while minimizing market distortions.
Agricultural commodity marketing; marketing issues related to timeDaisy Ifeoma
This chapter will enable students to understand the different stages of agricultural commodity marketing. At the end of this chapter, students should have an understanding of how agricultural commodity exchanges operate, how the prices of commodities are determined and most importantly be able to argue in favour of /against the presence of hedgers and speculators in the futures market.
This document discusses a regression model to predict soybean crop prices in the US based on various factors from 1995 to 2005. It analyzes factors like temperature, precipitation, crop yield, population, food supply, crude oil prices, and export/import quantities. The regression model explains over 90% of the variation in crop prices based on just four key factors, showing a strong relationship between observed and predicted values.
11.price behaviour of major cereal crops in bangladeshAlexander Decker
This document analyzes the seasonal price fluctuations and spatial price relationships of major cereal crops (Boro paddy and wheat) in Bangladesh from 1986-2010. It finds that Boro paddy prices fluctuate more seasonally than wheat prices, with peak prices in March before harvest. Wheat prices peak in February. Both crops show decreasing seasonal price variations over time. Using cointegration tests, it determines that selected regional markets for Boro paddy are well integrated, meaning price changes are instantly transmitted between markets, allowing for informed national policymaking.
Price behaviour of major cereal crops in bangladeshAlexander Decker
This document analyzes the seasonal price fluctuations and spatial price relationships of major cereal crops (Boro paddy and wheat) in Bangladesh from 1986-2010. It finds that Boro paddy prices fluctuate more seasonally than wheat prices, with peak prices in March before harvest. Wheat prices peak in February. Both crops show decreasing seasonal price variations over time. Using cointegration tests, it determines that selected regional markets for Boro paddy are well integrated, meaning price changes are instantly transmitted between markets, allowing for effective policymaking at the national level.
Research on fresh agricultural product based on the retailer's overconfidence...IJMIT JOURNAL
In this article, we analyze the application of options contract in the special commodity supply chain such as
fresh agricultural products. This problem is discussed from the point of the retailer. When spot market and
future market are both available, we discuss how the retailer chooses the optimal production. Furthermore,
overconfidence is introduced to the supply chain of the fresh agricultural products, which has not happened
before. Then
,
based on the overconfidence of the retailer, we explore how overconfidence affects the supply
chain system under different circumstances. At last, we get the conclusion that different overconfidence
level has different affection on retailer’s optimal ordering quantity and profit.
Journal of Economic Perspectives—Volume 28, Number 1—Winter 20.docxpriestmanmable
Journal of Economic Perspectives—Volume 28, Number 1—Winter 2014—Pages 73–98
II n the last half-decade, sharp jumps in the prices of wheat, rice, and corn, n the last half-decade, sharp jumps in the prices of wheat, rice, and corn, which furnish about two-thirds of the calorie requirements of mankind, have which furnish about two-thirds of the calorie requirements of mankind, have attracted worldwide attention. They have alarmed consumers, destabilized and attracted worldwide attention. They have alarmed consumers, destabilized and
even toppled some governments, and induced new temporary market distortions even toppled some governments, and induced new temporary market distortions
and bans.and bans.
These jumps in the prices of these three major grains have also revealed the These jumps in the prices of these three major grains have also revealed the
chaotic state of economic analysis of agricultural commodity markets. Economists chaotic state of economic analysis of agricultural commodity markets. Economists
and scientists have engaged in a blame game, apportioning percentages of respon-and scientists have engaged in a blame game, apportioning percentages of respon-
sibility for price spikes to bewildering lists of factors, which include a surge in meat sibility for price spikes to bewildering lists of factors, which include a surge in meat
consumption caused by unprecedented increases of income of the vast populations consumption caused by unprecedented increases of income of the vast populations
of China and India; idiosyncratic regional droughts and fi res; speculative bubbles; a of China and India; idiosyncratic regional droughts and fi res; speculative bubbles; a
new “fi nancialization” of grain markets; the slowdown of global agricultural research new “fi nancialization” of grain markets; the slowdown of global agricultural research
spending; jumps in costs of energy and fertilizers; shifts in interest rates; the decline spending; jumps in costs of energy and fertilizers; shifts in interest rates; the decline
of the dollar; the surge in biofuels demands; bans on genetically modifi ed plants; of the dollar; the surge in biofuels demands; bans on genetically modifi ed plants;
and climate change. Several observers have claimed to identify a “perfect storm” in and climate change. Several observers have claimed to identify a “perfect storm” in
the grain markets in 2007/2008, a confl uence of some of the factors listed above.the grain markets in 2007/2008, a confl uence of some of the factors listed above.
The continuing confused state of the economics of grain price volatility may The continuing confused state of the economics of grain price volatility may
seem odd. After all, grain markets have many of the features of textbook competi-seem odd. After all, grain markets have many of the features of textbook competi-
tive models. The products are relatively uniform. Their primary producers and tive models. The products are rel ...
This document discusses international commodity agreements (ICAs) that aimed to stabilize commodity prices after World War 2. It outlines the theory that commodity price volatility is moderated by stock levels. Global stocks of many commodities have declined in recent decades. ICAs employed price bands and supply controls but generally collapsed due to various failures. Lessons include that stockholding measures could help address high grain price volatility today, but public stockholding risks crowding out private stocks. Overall stock levels depend on risk management opportunities as well as storage.
Virtual Global Food Reserve Policy to Protect the Poor and Prevent Market Fa...Joachim von Braun
The document proposes a virtual global food reserve policy to address food crises. It consists of two parts: 1) a minimum physical grain reserve for humanitarian assistance, and 2) a virtual reserve and intervention mechanism backed by a financial fund. The virtual reserve would intervene in futures markets when prices rise above estimated price bands, executing silent short sales to lower speculative prices without realizing losses. This mechanism aims to stabilize prices through influencing expectations while minimizing market distortions.
Agricultural commodity marketing; marketing issues related to timeDaisy Ifeoma
This chapter will enable students to understand the different stages of agricultural commodity marketing. At the end of this chapter, students should have an understanding of how agricultural commodity exchanges operate, how the prices of commodities are determined and most importantly be able to argue in favour of /against the presence of hedgers and speculators in the futures market.
This document discusses a regression model to predict soybean crop prices in the US based on various factors from 1995 to 2005. It analyzes factors like temperature, precipitation, crop yield, population, food supply, crude oil prices, and export/import quantities. The regression model explains over 90% of the variation in crop prices based on just four key factors, showing a strong relationship between observed and predicted values.
11.price behaviour of major cereal crops in bangladeshAlexander Decker
This document analyzes the seasonal price fluctuations and spatial price relationships of major cereal crops (Boro paddy and wheat) in Bangladesh from 1986-2010. It finds that Boro paddy prices fluctuate more seasonally than wheat prices, with peak prices in March before harvest. Wheat prices peak in February. Both crops show decreasing seasonal price variations over time. Using cointegration tests, it determines that selected regional markets for Boro paddy are well integrated, meaning price changes are instantly transmitted between markets, allowing for informed national policymaking.
Price behaviour of major cereal crops in bangladeshAlexander Decker
This document analyzes the seasonal price fluctuations and spatial price relationships of major cereal crops (Boro paddy and wheat) in Bangladesh from 1986-2010. It finds that Boro paddy prices fluctuate more seasonally than wheat prices, with peak prices in March before harvest. Wheat prices peak in February. Both crops show decreasing seasonal price variations over time. Using cointegration tests, it determines that selected regional markets for Boro paddy are well integrated, meaning price changes are instantly transmitted between markets, allowing for effective policymaking at the national level.
Research on fresh agricultural product based on the retailer's overconfidence...IJMIT JOURNAL
In this article, we analyze the application of options contract in the special commodity supply chain such as
fresh agricultural products. This problem is discussed from the point of the retailer. When spot market and
future market are both available, we discuss how the retailer chooses the optimal production. Furthermore,
overconfidence is introduced to the supply chain of the fresh agricultural products, which has not happened
before. Then
,
based on the overconfidence of the retailer, we explore how overconfidence affects the supply
chain system under different circumstances. At last, we get the conclusion that different overconfidence
level has different affection on retailer’s optimal ordering quantity and profit.
Journal of Economic Perspectives—Volume 28, Number 1—Winter 20.docxpriestmanmable
Journal of Economic Perspectives—Volume 28, Number 1—Winter 2014—Pages 73–98
II n the last half-decade, sharp jumps in the prices of wheat, rice, and corn, n the last half-decade, sharp jumps in the prices of wheat, rice, and corn, which furnish about two-thirds of the calorie requirements of mankind, have which furnish about two-thirds of the calorie requirements of mankind, have attracted worldwide attention. They have alarmed consumers, destabilized and attracted worldwide attention. They have alarmed consumers, destabilized and
even toppled some governments, and induced new temporary market distortions even toppled some governments, and induced new temporary market distortions
and bans.and bans.
These jumps in the prices of these three major grains have also revealed the These jumps in the prices of these three major grains have also revealed the
chaotic state of economic analysis of agricultural commodity markets. Economists chaotic state of economic analysis of agricultural commodity markets. Economists
and scientists have engaged in a blame game, apportioning percentages of respon-and scientists have engaged in a blame game, apportioning percentages of respon-
sibility for price spikes to bewildering lists of factors, which include a surge in meat sibility for price spikes to bewildering lists of factors, which include a surge in meat
consumption caused by unprecedented increases of income of the vast populations consumption caused by unprecedented increases of income of the vast populations
of China and India; idiosyncratic regional droughts and fi res; speculative bubbles; a of China and India; idiosyncratic regional droughts and fi res; speculative bubbles; a
new “fi nancialization” of grain markets; the slowdown of global agricultural research new “fi nancialization” of grain markets; the slowdown of global agricultural research
spending; jumps in costs of energy and fertilizers; shifts in interest rates; the decline spending; jumps in costs of energy and fertilizers; shifts in interest rates; the decline
of the dollar; the surge in biofuels demands; bans on genetically modifi ed plants; of the dollar; the surge in biofuels demands; bans on genetically modifi ed plants;
and climate change. Several observers have claimed to identify a “perfect storm” in and climate change. Several observers have claimed to identify a “perfect storm” in
the grain markets in 2007/2008, a confl uence of some of the factors listed above.the grain markets in 2007/2008, a confl uence of some of the factors listed above.
The continuing confused state of the economics of grain price volatility may The continuing confused state of the economics of grain price volatility may
seem odd. After all, grain markets have many of the features of textbook competi-seem odd. After all, grain markets have many of the features of textbook competi-
tive models. The products are relatively uniform. Their primary producers and tive models. The products are rel ...
WTE 4My professor’s notesWhile you have a made a sound ef.docxericbrooks84875
WTE 4
My professor’s notes:
While you have a made a sound effort at the assignment, there are significant deficiencies. You haven't compared the modeling systems methodologically, i.e., how they actually work.
If you'd like to rewrite and discuss more about the questions raised in the essay prompt, I would be open to taking a second look and considering an adjustment in your grade.
Running head: PHYSIOCRATIC AND MODERN MACROECONOMIC MODELS 1
5
PHYSIOCRATIC AND MODERN MACROECONOMIC MODELS
Name:
Institution:
Course:
Instructor:
Date:
Economic models
The Physiocrat model of economic life was developed in the eighteenth century and was highly characterized by the argument government non-interference with the operation of economic laws. The physiocrats believed that land is the main factor of production and the primary source of wealth. The main thinking was the emphasis on productive work. Their arguments largely differed with that of mercantilists who argued that the primary source of nation wealth was in Gold and silver stocks. The physiocrats believed that the real wealth of nation is from the agricultural products. The model structure consisted of three major classes namely the sterile, propriety class and the productive class. The production process starts with the propriety class who are the owners of the land as the primary means of production. The propriety class consisted of the most integral class of people since they were considered as the movers of the production activities. Agricultural production relied on the propriety class willingness to give out their land for an agricultural production... The propriety class is also consumers of agricultural products and thus their desire to consume drives them to lease additional land for production (Forstater & Gary Mongiovi, 2007).
The production class is actively engaged in an agricultural production process, and they rely on the propriety class for production purposes. The landlords desire to lease out more land for production purposes create more income for the production class and sterile class. The proprietor class was, therefore, critical in stimulating economic activities which benefited different the other two social classes. The merchants traded the surplus agricultural products in exchange for foreign products. The physiocrats, therefore, believed that agriculture was the backbone of the country’s wealth. The physiocrats envisaged a society in which the moral and economic laws will play, and that positive law will be in harmony with the natural law. The physiocrats asserted that the prices were solely determined by demand and supply plus production costs. They also asserted that there was always a fair market price which was derived from free trade. They acknowledged the contribution of the land cultivators but the profits were more assigned to the propriety class. The economic model also advocated for the government to charge fixed interests rates .
Price behaviour of major cereal crops in bangladeshAlexander Decker
This document analyzes the seasonal price fluctuations and spatial price relationships of major cereal crops (Boro paddy and wheat) in Bangladeshi markets from 1986-2010. It finds that crop prices fluctuate seasonally, with higher prices before harvest and lower after, and that the difference between peak and trough prices is higher for Boro paddy than wheat. Using the Engle-Granger cointegration method, it also finds that regional markets in Bangladesh are well integrated, meaning price changes are instantly transmitted between markets. The study is based on secondary data from government sources and aims to inform agricultural policymaking in Bangladesh.
The document provides an overview of different theoretical perspectives on the globalization of food production and regulation. It discusses how food trade has increasingly globalized, leading nations to seek new regulatory approaches. The document summarizes empirical evidence of growing global food trade volumes and structural changes in production and consumption. It then reviews theories of globalization, distinguishing between "hyperglobalists" who see it imposing market discipline globally versus "transformationalists" who view it as a contingent, long-term process with contradictory impacts requiring analysis of changing regulation.
A Direct Test of the Theory of Comparative Advantage The CaseCicelyBourqueju
A Direct Test of the Theory of Comparative Advantage: The Case of Japan
Author(s): Daniel M. Bernhofen and John C. Brown
Source: Journal of Political Economy, Vol. 112, No. 1 (February 2004), pp. 48-67
Published by: The University of Chicago Press
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48
[Journal of Political Economy, 2004, vol. 112, no. 1, pt. 1]
� 2004 by The University of Chicago. All rights reserved. 0022-3808/2004/11201-0001$10.00
A Direct Test of the Theory of Comparative
Advantage: The Case of Japan
Daniel M. Bernhofen and John C. Brown
Clark University
We exploit Japan’s sudden and complete opening up to international
trade in the 1860s to test the empirical validity of one of the oldest
and most fundamental propositions in economics: the theory of com-
parative advantage. Historical evidence supports the assertion that the
characteristics of the Japanese economy at the time were compatible
with the key assumptions of the neoclassical trade model. Using de-
tailed product-specific data on autarky prices and trade flows, we find
that the autarky price value of Japan’s trade is negative for each year
of the period 1868–75. This confirms the prediction of the theory.
I. Introduction
This paper provides a direct test of the theory of comparative advantage
in its autarky price formulation. It exploits Japan’s dramatic nineteenth-
century move from a state of near complete isolation to one that was
fully exposed to the forces of international competition and argues that
the case of Japan provides a natural experiment to explore the empirical
validity of the theory.
We test the correlation version of the law of comparative advantage
We are grateful to Clark University for supporting this project with a faculty research
grant and to Yukie Okuyama, Sumiko Otsuka, and Stephen Papadopoulos for excellent
research assistance. We thank Alan Deardorff, Jim Harrigan, Yasukichi Yasuba, and s ...
International Conference on Organic Agriculture and Food Security (2007)RAFI-USA
Contains Issues Paper: Organic Agriculture and Access to Food by Michael Sligh and Carolyn Christman. This paper was presented by RAFI staff at the May 2007 United Nations Food and Agriculture Organization’s International Conference on Organic Agriculture and Food Security. 3-5 May 2007. Food and Agriculture Organization of the United Nations (FAO), Italy.
Sustainable Development of Dynamic Fisheries and Cost Benefits Analysis with ...ijtsrd
With Gambia’s marine resources abundance, it is appropriate for Gambia’s economic growth to gear towards the fisheries sector. Fishery management in The Gambia is still not operating optimally due to a lack of fisheries management infrastructure.This study has uncovered important aspects of the fishing industry, especially in The Gambia. If the right policies and guidelines are put in place, the majority of waste and the depletion of renewable resources might be avoided. It is possible to maximize utilities without wasting resources. The solutions of the total cost TC , total revenue TR , and price functions of an operation are all given using differential equation.The original equation of Schaefers model forced numerous researchers to shed light on the spatial distribution of fish and fisheries. Using a cost operation model and an analysis of the rate of change over time, the author of this study found that fishing expenses can be decreased without compromising effectiveness or efficiency. The model was also expanded to include non autonomous price and cost characteristics.This study will inspire other academics and researchers to take similar actions to stop the decline and near extinction of the critically important fish fishery, not only in The Gambia but also along the entire coast of West Africa, given that the fishes are highly migratory and a shared resource among the countries in the subregion. Ebrima Bittaye "Sustainable Development of Dynamic Fisheries and Cost-Benefits Analysis with Mathematical Approach" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-2 , April 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd55103.pdf Paper URL: https://www.ijtsrd.com.com/mathemetics/other/55103/sustainable-development-of-dynamic-fisheries-and-costbenefits-analysis-with-mathematical-approach/ebrima-bittaye
Economic analysis of spatial integration of pulse market inAlexander Decker
This document analyzes the spatial integration of pulse markets in Ethiopia using monthly price data from 2003-2013 for horse beans and chickpeas from selected markets. It finds that the markets are cointegrated based on unit root and cointegration tests. The Addis Ababa-Desse market for horse beans and Addis Ababa-Gonder market for chickpeas showed the strongest cointegration. Granger causality tests found some unidirectional and bidirectional causation between markets. The findings imply a need for improved market information systems, especially to producing markets, to help distribute commodities efficiently.
This document summarizes an academic paper that examines how increasing returns to scale in industry can allow for unlimited economic growth even with diminishing returns in agriculture. It presents a model of an economy with three sectors: agriculture, manufacturing, and investment goods. Agriculture has constant returns to scale while manufacturing and investment goods have increasing returns at the plant level. The model analyzes short, medium, and long run equilibriums under different assumptions about factor supplies and returns to scale. The key finding is that large enough increasing returns in investment goods can outweigh decreasing returns in agriculture, allowing overall growth without constraints from agricultural productivity.
Food insecurity is both a consequence and cause of conflict. Improving food security can help reduce conflict risk. Droughts increase civil conflict risk in Somalia by depressing livestock prices and incomes. Climate adaptation is key to prevent future conflict. Mapping tools can help plan projects to boost resilience to food insecurity, conflict, and climate challenges.
Analysis of Soybean Meal Price Discovery Function in Chinaijtsrd
Soybean meal, as the largest and most active agricultural product futures in China, involves a wide range of industries and a wide range of industries. After the Sino US trade friction, the raw material cost of soybean meal has risen, and the price fluctuates greatly. It is important to explore the impact of trade friction on the price discovery function of Chinas soybean meal futures, which will improve the efficiency of Chinas soybean meal futures market and promote it to better serve the real economy. significance. This article compares the discovery function of soybean meal futures market before and after the Sino US trade friction, and analyzes the reasons for the difference. Co integration test, causality test, variance decomposition, and PT IS model are used to analyze the soybean meal futures and spot prices from 2014 to 2020. The empirical results show that, in general, the soybean meal futures market plays a leading role in the price discovery process, but trade The price discovery function in the period after the friction occurs is relatively weaker than in the previous period. Finally, specific suggestions are put forward in terms of improving the structure of market participants and the information disclosure system. Zhang Jiayu | Zhang Yuan "Analysis of Soybean Meal Price Discovery Function in China" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47601.pdf Paper URL : https://www.ijtsrd.com/home-science/food-and-nutrition/47601/analysis-of-soybean-meal-price-discovery-function-in-china/zhang-jiayu
This document provides an overview of microeconomics concepts for a second semester business commerce course. It defines markets and their classifications. It then discusses the concept of supply, determinants of supply, changes in supply, and the law of supply. It also explains elasticity of supply and the different types. Finally, it outlines the key assumptions and benefits of perfect competition in markets.
This study aimed to analyze the effect of an increased price of broiler meat on the production, consumption, and
import of these commodities: Maize, rice, broiler meat, and eggs. The research method employed was the survey
method and used both primary and secondary. The commodities analyzed in this study included: Maize, rice,
broiler meat, and eggs. The business actors were classified into: (1) Commercial-broiler livestock companies
(LSCL), (2) commercial-broiler small-scale farms (SSCL), and (3) other households (OTHR). The determination
of the commodities was made based on considerations of production and consumption. The analysis results using
multimarket model showed that increased broiler meat price would have opposite effects on production and
consumption. An increased price of broiler meat increased the production of broiler meat, and on the contrary
decreased consumption of broiler meat. Fulfilling the equilibrium caused the net import to decrease. This was
very different from commercial layer. Furthermore, the increase in the price of broiler meat caused the production
and consumption of maize to increase. The percentage of production increase which was less than the percentage
of consumption increase caused the net import for maize to increase, on the contrary for rice.
India has great potential to be the food basket of the world due to its diverse agricultural resources and large workforce in agriculture. However, currently 20% of food produced in India is wasted due to an inefficient supply chain and lack of cold storage infrastructure and food processing industry. Building an efficient supply chain using modern techniques could help India serve its population with value-added food while ensuring good prices for farmers. The food processing industry has an important role to play in linking farmers to consumers in India and abroad. Developing a fully integrated cold chain logistics system including cold storage, transportation, packaging and information management could help reduce waste and make India a leading global food supplier.
This paper aims to improve the accuracy of value-at-risk (VaR) estimates and forecasts for agricultural commodity markets by combining wavelet analysis and copula-GARCH modeling. It evaluates market risk while considering the relationship between agricultural commodities and stock market indices. The approach accounts for potential nonlinear, asymmetric, and time-scale dependencies, in order to better capture risks for risk management purposes.
This document summarizes a presentation about links between the global food and energy markets. It discusses how factors like economic growth, energy prices, globalization and climate change are transforming food consumption and production patterns. It analyzes trends in cereal and crude oil production/demand from 1997-2008. Graphs show crude oil supply/demand and the correlation between oil and food prices. The document proposes a system dynamics model to analyze the price link mechanism between global food, biofuel and crude oil markets. The model incorporates world population dynamics, global food market dynamics and global energy market dynamics sectors. It projects world population growth from 2010-2030 and concludes that higher food prices may help adjust markets to address food shortages and hunger issues.
week 6 Discussion 1 Chapter 12 –From the chapter reading, we l.docxhelzerpatrina
This document summarizes a research paper that examines the relationship between commodity prices, specifically commodity convenience yields, and inflation. The authors develop a theoretical framework showing that expected commodity price changes are related to the interest rate, risk premium, and expected marginal convenience yield. They then link commodity prices to inflation, suggesting that aggregate convenience yields may have predictive power for inflation. Empirically, the authors extract principal components from a panel of commodity convenience yields and find these have significant predictive ability for future inflation in the U.S. and other G7 countries, even after controlling for other factors.
This document provides an overview of key concepts related to livelihoods and food security. It discusses definitions of food security, including its four main dimensions: availability, access, stability, and utilization. Livelihoods are defined as the capabilities, assets, and activities required for a means of living. The sustainable livelihoods approach views livelihoods as comprising various assets that households use to undertake activities to ensure livelihood security and meet basic needs like food. The document outlines common livelihood activities and assets, and explains how livelihoods and food security are interconnected, with livelihood activities and outcomes determining a household's food security.
Iniciativa para el Monitoreo de la Agricultura GlobalEduardo Rollero
This document proposes the "G20 Global Agricultural Monitoring" initiative to improve sustainable data collection for worldwide food security and commodity market transparency. Currently, instability in global food supply and demand leads to price volatility and market uncertainty. The three pillars of agricultural monitoring - satellite imagery, meteorological data, and regional agricultural knowledge - can help reduce this uncertainty by providing timely information on crop status, yield forecasts, and supply predictions. Existing public and private monitoring systems provide early crop estimates and forecasts, but an international coordination of efforts could generate more comprehensive and transparent global agricultural data for policymaking and market stability.
This document summarizes a research paper on agglomeration economies among farmers in Nigeria. It finds that agglomeration provides benefits like economic growth, diversification, transportation cost savings, and innovation adoption. However, it also faces challenges like risks and uncertainties, dependency on rain-fed farming, and limited access to long-term credit. The paper studies farmers in cluster areas in southern Nigeria to understand the socioeconomic characteristics of participants, perceived benefits of agglomeration, and challenges. It finds agglomeration can help alleviate poverty and support jobs and growth if the key challenges of risks, infrastructure, and financing access are addressed.
Fisher Theory and Stock Returns: An empirical investigation for industry stoc...theijes
This paper examines the Fisher hypothesis using 24 industry stocks in Vietnamese stock market. Empirical results in both ex post and ex ante models show a clear rejection of one-to-one relationship between stock returns and (actual/expected/unexpected) inflation, for all industry stock returns. Interestingly, the Fisher hypothesis that common stocks can provide a complete hedge against expected inflation is strongly rejected, given these findings. However, the results show that a number of industry stocks can provide a partial hedge against both ex post and expected inflation. This study has several implications for investors.
Stressed Coral Reef Identification Using Deep Learning CNN Techniques
The Application of Information Systems to Improve Ambulance Response Times in the UK
Practical Considerations for Implementing Adaptive Acoustic Noise Cancellation in Commercial Earbuds
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Control and Treatment of Bone Cancer: A Novel Theoretical Study
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Snowfall Shift and Precipitation Variability over Sikkim Himalaya Attributed to Elevation-Dependent Warming
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Assessing the Impact of Gas Flaring and Carbon Dioxide Emissions on Precipitation Patterns in the Niger Delta Region of Nigeria Using Geospatial Analysis
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WTE 4My professor’s notesWhile you have a made a sound ef.docxericbrooks84875
WTE 4
My professor’s notes:
While you have a made a sound effort at the assignment, there are significant deficiencies. You haven't compared the modeling systems methodologically, i.e., how they actually work.
If you'd like to rewrite and discuss more about the questions raised in the essay prompt, I would be open to taking a second look and considering an adjustment in your grade.
Running head: PHYSIOCRATIC AND MODERN MACROECONOMIC MODELS 1
5
PHYSIOCRATIC AND MODERN MACROECONOMIC MODELS
Name:
Institution:
Course:
Instructor:
Date:
Economic models
The Physiocrat model of economic life was developed in the eighteenth century and was highly characterized by the argument government non-interference with the operation of economic laws. The physiocrats believed that land is the main factor of production and the primary source of wealth. The main thinking was the emphasis on productive work. Their arguments largely differed with that of mercantilists who argued that the primary source of nation wealth was in Gold and silver stocks. The physiocrats believed that the real wealth of nation is from the agricultural products. The model structure consisted of three major classes namely the sterile, propriety class and the productive class. The production process starts with the propriety class who are the owners of the land as the primary means of production. The propriety class consisted of the most integral class of people since they were considered as the movers of the production activities. Agricultural production relied on the propriety class willingness to give out their land for an agricultural production... The propriety class is also consumers of agricultural products and thus their desire to consume drives them to lease additional land for production (Forstater & Gary Mongiovi, 2007).
The production class is actively engaged in an agricultural production process, and they rely on the propriety class for production purposes. The landlords desire to lease out more land for production purposes create more income for the production class and sterile class. The proprietor class was, therefore, critical in stimulating economic activities which benefited different the other two social classes. The merchants traded the surplus agricultural products in exchange for foreign products. The physiocrats, therefore, believed that agriculture was the backbone of the country’s wealth. The physiocrats envisaged a society in which the moral and economic laws will play, and that positive law will be in harmony with the natural law. The physiocrats asserted that the prices were solely determined by demand and supply plus production costs. They also asserted that there was always a fair market price which was derived from free trade. They acknowledged the contribution of the land cultivators but the profits were more assigned to the propriety class. The economic model also advocated for the government to charge fixed interests rates .
Price behaviour of major cereal crops in bangladeshAlexander Decker
This document analyzes the seasonal price fluctuations and spatial price relationships of major cereal crops (Boro paddy and wheat) in Bangladeshi markets from 1986-2010. It finds that crop prices fluctuate seasonally, with higher prices before harvest and lower after, and that the difference between peak and trough prices is higher for Boro paddy than wheat. Using the Engle-Granger cointegration method, it also finds that regional markets in Bangladesh are well integrated, meaning price changes are instantly transmitted between markets. The study is based on secondary data from government sources and aims to inform agricultural policymaking in Bangladesh.
The document provides an overview of different theoretical perspectives on the globalization of food production and regulation. It discusses how food trade has increasingly globalized, leading nations to seek new regulatory approaches. The document summarizes empirical evidence of growing global food trade volumes and structural changes in production and consumption. It then reviews theories of globalization, distinguishing between "hyperglobalists" who see it imposing market discipline globally versus "transformationalists" who view it as a contingent, long-term process with contradictory impacts requiring analysis of changing regulation.
A Direct Test of the Theory of Comparative Advantage The CaseCicelyBourqueju
A Direct Test of the Theory of Comparative Advantage: The Case of Japan
Author(s): Daniel M. Bernhofen and John C. Brown
Source: Journal of Political Economy, Vol. 112, No. 1 (February 2004), pp. 48-67
Published by: The University of Chicago Press
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48
[Journal of Political Economy, 2004, vol. 112, no. 1, pt. 1]
� 2004 by The University of Chicago. All rights reserved. 0022-3808/2004/11201-0001$10.00
A Direct Test of the Theory of Comparative
Advantage: The Case of Japan
Daniel M. Bernhofen and John C. Brown
Clark University
We exploit Japan’s sudden and complete opening up to international
trade in the 1860s to test the empirical validity of one of the oldest
and most fundamental propositions in economics: the theory of com-
parative advantage. Historical evidence supports the assertion that the
characteristics of the Japanese economy at the time were compatible
with the key assumptions of the neoclassical trade model. Using de-
tailed product-specific data on autarky prices and trade flows, we find
that the autarky price value of Japan’s trade is negative for each year
of the period 1868–75. This confirms the prediction of the theory.
I. Introduction
This paper provides a direct test of the theory of comparative advantage
in its autarky price formulation. It exploits Japan’s dramatic nineteenth-
century move from a state of near complete isolation to one that was
fully exposed to the forces of international competition and argues that
the case of Japan provides a natural experiment to explore the empirical
validity of the theory.
We test the correlation version of the law of comparative advantage
We are grateful to Clark University for supporting this project with a faculty research
grant and to Yukie Okuyama, Sumiko Otsuka, and Stephen Papadopoulos for excellent
research assistance. We thank Alan Deardorff, Jim Harrigan, Yasukichi Yasuba, and s ...
International Conference on Organic Agriculture and Food Security (2007)RAFI-USA
Contains Issues Paper: Organic Agriculture and Access to Food by Michael Sligh and Carolyn Christman. This paper was presented by RAFI staff at the May 2007 United Nations Food and Agriculture Organization’s International Conference on Organic Agriculture and Food Security. 3-5 May 2007. Food and Agriculture Organization of the United Nations (FAO), Italy.
Sustainable Development of Dynamic Fisheries and Cost Benefits Analysis with ...ijtsrd
With Gambia’s marine resources abundance, it is appropriate for Gambia’s economic growth to gear towards the fisheries sector. Fishery management in The Gambia is still not operating optimally due to a lack of fisheries management infrastructure.This study has uncovered important aspects of the fishing industry, especially in The Gambia. If the right policies and guidelines are put in place, the majority of waste and the depletion of renewable resources might be avoided. It is possible to maximize utilities without wasting resources. The solutions of the total cost TC , total revenue TR , and price functions of an operation are all given using differential equation.The original equation of Schaefers model forced numerous researchers to shed light on the spatial distribution of fish and fisheries. Using a cost operation model and an analysis of the rate of change over time, the author of this study found that fishing expenses can be decreased without compromising effectiveness or efficiency. The model was also expanded to include non autonomous price and cost characteristics.This study will inspire other academics and researchers to take similar actions to stop the decline and near extinction of the critically important fish fishery, not only in The Gambia but also along the entire coast of West Africa, given that the fishes are highly migratory and a shared resource among the countries in the subregion. Ebrima Bittaye "Sustainable Development of Dynamic Fisheries and Cost-Benefits Analysis with Mathematical Approach" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-2 , April 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd55103.pdf Paper URL: https://www.ijtsrd.com.com/mathemetics/other/55103/sustainable-development-of-dynamic-fisheries-and-costbenefits-analysis-with-mathematical-approach/ebrima-bittaye
Economic analysis of spatial integration of pulse market inAlexander Decker
This document analyzes the spatial integration of pulse markets in Ethiopia using monthly price data from 2003-2013 for horse beans and chickpeas from selected markets. It finds that the markets are cointegrated based on unit root and cointegration tests. The Addis Ababa-Desse market for horse beans and Addis Ababa-Gonder market for chickpeas showed the strongest cointegration. Granger causality tests found some unidirectional and bidirectional causation between markets. The findings imply a need for improved market information systems, especially to producing markets, to help distribute commodities efficiently.
This document summarizes an academic paper that examines how increasing returns to scale in industry can allow for unlimited economic growth even with diminishing returns in agriculture. It presents a model of an economy with three sectors: agriculture, manufacturing, and investment goods. Agriculture has constant returns to scale while manufacturing and investment goods have increasing returns at the plant level. The model analyzes short, medium, and long run equilibriums under different assumptions about factor supplies and returns to scale. The key finding is that large enough increasing returns in investment goods can outweigh decreasing returns in agriculture, allowing overall growth without constraints from agricultural productivity.
Food insecurity is both a consequence and cause of conflict. Improving food security can help reduce conflict risk. Droughts increase civil conflict risk in Somalia by depressing livestock prices and incomes. Climate adaptation is key to prevent future conflict. Mapping tools can help plan projects to boost resilience to food insecurity, conflict, and climate challenges.
Analysis of Soybean Meal Price Discovery Function in Chinaijtsrd
Soybean meal, as the largest and most active agricultural product futures in China, involves a wide range of industries and a wide range of industries. After the Sino US trade friction, the raw material cost of soybean meal has risen, and the price fluctuates greatly. It is important to explore the impact of trade friction on the price discovery function of Chinas soybean meal futures, which will improve the efficiency of Chinas soybean meal futures market and promote it to better serve the real economy. significance. This article compares the discovery function of soybean meal futures market before and after the Sino US trade friction, and analyzes the reasons for the difference. Co integration test, causality test, variance decomposition, and PT IS model are used to analyze the soybean meal futures and spot prices from 2014 to 2020. The empirical results show that, in general, the soybean meal futures market plays a leading role in the price discovery process, but trade The price discovery function in the period after the friction occurs is relatively weaker than in the previous period. Finally, specific suggestions are put forward in terms of improving the structure of market participants and the information disclosure system. Zhang Jiayu | Zhang Yuan "Analysis of Soybean Meal Price Discovery Function in China" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47601.pdf Paper URL : https://www.ijtsrd.com/home-science/food-and-nutrition/47601/analysis-of-soybean-meal-price-discovery-function-in-china/zhang-jiayu
This document provides an overview of microeconomics concepts for a second semester business commerce course. It defines markets and their classifications. It then discusses the concept of supply, determinants of supply, changes in supply, and the law of supply. It also explains elasticity of supply and the different types. Finally, it outlines the key assumptions and benefits of perfect competition in markets.
This study aimed to analyze the effect of an increased price of broiler meat on the production, consumption, and
import of these commodities: Maize, rice, broiler meat, and eggs. The research method employed was the survey
method and used both primary and secondary. The commodities analyzed in this study included: Maize, rice,
broiler meat, and eggs. The business actors were classified into: (1) Commercial-broiler livestock companies
(LSCL), (2) commercial-broiler small-scale farms (SSCL), and (3) other households (OTHR). The determination
of the commodities was made based on considerations of production and consumption. The analysis results using
multimarket model showed that increased broiler meat price would have opposite effects on production and
consumption. An increased price of broiler meat increased the production of broiler meat, and on the contrary
decreased consumption of broiler meat. Fulfilling the equilibrium caused the net import to decrease. This was
very different from commercial layer. Furthermore, the increase in the price of broiler meat caused the production
and consumption of maize to increase. The percentage of production increase which was less than the percentage
of consumption increase caused the net import for maize to increase, on the contrary for rice.
India has great potential to be the food basket of the world due to its diverse agricultural resources and large workforce in agriculture. However, currently 20% of food produced in India is wasted due to an inefficient supply chain and lack of cold storage infrastructure and food processing industry. Building an efficient supply chain using modern techniques could help India serve its population with value-added food while ensuring good prices for farmers. The food processing industry has an important role to play in linking farmers to consumers in India and abroad. Developing a fully integrated cold chain logistics system including cold storage, transportation, packaging and information management could help reduce waste and make India a leading global food supplier.
This paper aims to improve the accuracy of value-at-risk (VaR) estimates and forecasts for agricultural commodity markets by combining wavelet analysis and copula-GARCH modeling. It evaluates market risk while considering the relationship between agricultural commodities and stock market indices. The approach accounts for potential nonlinear, asymmetric, and time-scale dependencies, in order to better capture risks for risk management purposes.
This document summarizes a presentation about links between the global food and energy markets. It discusses how factors like economic growth, energy prices, globalization and climate change are transforming food consumption and production patterns. It analyzes trends in cereal and crude oil production/demand from 1997-2008. Graphs show crude oil supply/demand and the correlation between oil and food prices. The document proposes a system dynamics model to analyze the price link mechanism between global food, biofuel and crude oil markets. The model incorporates world population dynamics, global food market dynamics and global energy market dynamics sectors. It projects world population growth from 2010-2030 and concludes that higher food prices may help adjust markets to address food shortages and hunger issues.
week 6 Discussion 1 Chapter 12 –From the chapter reading, we l.docxhelzerpatrina
This document summarizes a research paper that examines the relationship between commodity prices, specifically commodity convenience yields, and inflation. The authors develop a theoretical framework showing that expected commodity price changes are related to the interest rate, risk premium, and expected marginal convenience yield. They then link commodity prices to inflation, suggesting that aggregate convenience yields may have predictive power for inflation. Empirically, the authors extract principal components from a panel of commodity convenience yields and find these have significant predictive ability for future inflation in the U.S. and other G7 countries, even after controlling for other factors.
This document provides an overview of key concepts related to livelihoods and food security. It discusses definitions of food security, including its four main dimensions: availability, access, stability, and utilization. Livelihoods are defined as the capabilities, assets, and activities required for a means of living. The sustainable livelihoods approach views livelihoods as comprising various assets that households use to undertake activities to ensure livelihood security and meet basic needs like food. The document outlines common livelihood activities and assets, and explains how livelihoods and food security are interconnected, with livelihood activities and outcomes determining a household's food security.
Iniciativa para el Monitoreo de la Agricultura GlobalEduardo Rollero
This document proposes the "G20 Global Agricultural Monitoring" initiative to improve sustainable data collection for worldwide food security and commodity market transparency. Currently, instability in global food supply and demand leads to price volatility and market uncertainty. The three pillars of agricultural monitoring - satellite imagery, meteorological data, and regional agricultural knowledge - can help reduce this uncertainty by providing timely information on crop status, yield forecasts, and supply predictions. Existing public and private monitoring systems provide early crop estimates and forecasts, but an international coordination of efforts could generate more comprehensive and transparent global agricultural data for policymaking and market stability.
This document summarizes a research paper on agglomeration economies among farmers in Nigeria. It finds that agglomeration provides benefits like economic growth, diversification, transportation cost savings, and innovation adoption. However, it also faces challenges like risks and uncertainties, dependency on rain-fed farming, and limited access to long-term credit. The paper studies farmers in cluster areas in southern Nigeria to understand the socioeconomic characteristics of participants, perceived benefits of agglomeration, and challenges. It finds agglomeration can help alleviate poverty and support jobs and growth if the key challenges of risks, infrastructure, and financing access are addressed.
Fisher Theory and Stock Returns: An empirical investigation for industry stoc...theijes
This paper examines the Fisher hypothesis using 24 industry stocks in Vietnamese stock market. Empirical results in both ex post and ex ante models show a clear rejection of one-to-one relationship between stock returns and (actual/expected/unexpected) inflation, for all industry stock returns. Interestingly, the Fisher hypothesis that common stocks can provide a complete hedge against expected inflation is strongly rejected, given these findings. However, the results show that a number of industry stocks can provide a partial hedge against both ex post and expected inflation. This study has several implications for investors.
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My study aims to proper evaluate the existence of the J'BaFofi through the analysis of historical reports,indigenous
testimonies and modern exploration efforts.
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+
53.13485
−
27.82088
with a host spectroscopic redshift of
2.903
±
0.007
. The transient was identified in deep James Webb Space Telescope (JWST)/NIRCam imaging from the JWST Advanced Deep Extragalactic Survey (JADES) program. Photometric and spectroscopic followup with NIRCam and NIRSpec, respectively, confirm the redshift and yield UV-NIR light-curve, NIR color, and spectroscopic information all consistent with a Type Ia classification. Despite its classification as a likely SN Ia, SN 2023adsy is both fairly red (
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(
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−
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)
∼
0.9
) despite a host galaxy with low-extinction and has a high Ca II velocity (
19
,
000
±
2
,
000
km/s) compared to the general population of SNe Ia. While these characteristics are consistent with some Ca-rich SNe Ia, particularly SN 2016hnk, SN 2023adsy is intrinsically brighter than the low-
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Ca-rich population. Although such an object is too red for any low-
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cosmological sample, we apply a fiducial standardization approach to SN 2023adsy and find that the SN 2023adsy luminosity distance measurement is in excellent agreement (
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) with
Λ
CDM. Therefore unlike low-
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Ca-rich SNe Ia, SN 2023adsy is standardizable and gives no indication that SN Ia standardized luminosities change significantly with redshift. A larger sample of distant SNe Ia is required to determine if SN Ia population characteristics at high-
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truly diverge from their low-
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counterparts, and to confirm that standardized luminosities nevertheless remain constant with redshift.
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https://hal.science/hal-04582287
Evidence of Jet Activity from the Secondary Black Hole in the OJ 287 Binary S...Sérgio Sacani
Wereport the study of a huge optical intraday flare on 2021 November 12 at 2 a.m. UT in the blazar OJ287. In the binary black hole model, it is associated with an impact of the secondary black hole on the accretion disk of the primary. Our multifrequency observing campaign was set up to search for such a signature of the impact based on a prediction made 8 yr earlier. The first I-band results of the flare have already been reported by Kishore et al. (2024). Here we combine these data with our monitoring in the R-band. There is a big change in the R–I spectral index by 1.0 ±0.1 between the normal background and the flare, suggesting a new component of radiation. The polarization variation during the rise of the flare suggests the same. The limits on the source size place it most reasonably in the jet of the secondary BH. We then ask why we have not seen this phenomenon before. We show that OJ287 was never before observed with sufficient sensitivity on the night when the flare should have happened according to the binary model. We also study the probability that this flare is just an oversized example of intraday variability using the Krakow data set of intense monitoring between 2015 and 2023. We find that the occurrence of a flare of this size and rapidity is unlikely. In machine-readable Tables 1 and 2, we give the full orbit-linked historical light curve of OJ287 as well as the dense monitoring sample of Krakow.
Candidate young stellar objects in the S-cluster: Kinematic analysis of a sub...Sérgio Sacani
Context. The observation of several L-band emission sources in the S cluster has led to a rich discussion of their nature. However, a definitive answer to the classification of the dusty objects requires an explanation for the detection of compact Doppler-shifted Brγ emission. The ionized hydrogen in combination with the observation of mid-infrared L-band continuum emission suggests that most of these sources are embedded in a dusty envelope. These embedded sources are part of the S-cluster, and their relationship to the S-stars is still under debate. To date, the question of the origin of these two populations has been vague, although all explanations favor migration processes for the individual cluster members. Aims. This work revisits the S-cluster and its dusty members orbiting the supermassive black hole SgrA* on bound Keplerian orbits from a kinematic perspective. The aim is to explore the Keplerian parameters for patterns that might imply a nonrandom distribution of the sample. Additionally, various analytical aspects are considered to address the nature of the dusty sources. Methods. Based on the photometric analysis, we estimated the individual H−K and K−L colors for the source sample and compared the results to known cluster members. The classification revealed a noticeable contrast between the S-stars and the dusty sources. To fit the flux-density distribution, we utilized the radiative transfer code HYPERION and implemented a young stellar object Class I model. We obtained the position angle from the Keplerian fit results; additionally, we analyzed the distribution of the inclinations and the longitudes of the ascending node. Results. The colors of the dusty sources suggest a stellar nature consistent with the spectral energy distribution in the near and midinfrared domains. Furthermore, the evaporation timescales of dusty and gaseous clumps in the vicinity of SgrA* are much shorter ( 2yr) than the epochs covered by the observations (≈15yr). In addition to the strong evidence for the stellar classification of the D-sources, we also find a clear disk-like pattern following the arrangements of S-stars proposed in the literature. Furthermore, we find a global intrinsic inclination for all dusty sources of 60 ± 20◦, implying a common formation process. Conclusions. The pattern of the dusty sources manifested in the distribution of the position angles, inclinations, and longitudes of the ascending node strongly suggests two different scenarios: the main-sequence stars and the dusty stellar S-cluster sources share a common formation history or migrated with a similar formation channel in the vicinity of SgrA*. Alternatively, the gravitational influence of SgrA* in combination with a massive perturber, such as a putative intermediate mass black hole in the IRS 13 cluster, forces the dusty objects and S-stars to follow a particular orbital arrangement. Key words. stars: black holes– stars: formation– Galaxy: center– galaxies: star formation
Microbial interaction
Microorganisms interacts with each other and can be physically associated with another organisms in a variety of ways.
One organism can be located on the surface of another organism as an ectobiont or located within another organism as endobiont.
Microbial interaction may be positive such as mutualism, proto-cooperation, commensalism or may be negative such as parasitism, predation or competition
Types of microbial interaction
Positive interaction: mutualism, proto-cooperation, commensalism
Negative interaction: Ammensalism (antagonism), parasitism, predation, competition
I. Mutualism:
It is defined as the relationship in which each organism in interaction gets benefits from association. It is an obligatory relationship in which mutualist and host are metabolically dependent on each other.
Mutualistic relationship is very specific where one member of association cannot be replaced by another species.
Mutualism require close physical contact between interacting organisms.
Relationship of mutualism allows organisms to exist in habitat that could not occupied by either species alone.
Mutualistic relationship between organisms allows them to act as a single organism.
Examples of mutualism:
i. Lichens:
Lichens are excellent example of mutualism.
They are the association of specific fungi and certain genus of algae. In lichen, fungal partner is called mycobiont and algal partner is called
II. Syntrophism:
It is an association in which the growth of one organism either depends on or improved by the substrate provided by another organism.
In syntrophism both organism in association gets benefits.
Compound A
Utilized by population 1
Compound B
Utilized by population 2
Compound C
utilized by both Population 1+2
Products
In this theoretical example of syntrophism, population 1 is able to utilize and metabolize compound A, forming compound B but cannot metabolize beyond compound B without co-operation of population 2. Population 2is unable to utilize compound A but it can metabolize compound B forming compound C. Then both population 1 and 2 are able to carry out metabolic reaction which leads to formation of end product that neither population could produce alone.
Examples of syntrophism:
i. Methanogenic ecosystem in sludge digester
Methane produced by methanogenic bacteria depends upon interspecies hydrogen transfer by other fermentative bacteria.
Anaerobic fermentative bacteria generate CO2 and H2 utilizing carbohydrates which is then utilized by methanogenic bacteria (Methanobacter) to produce methane.
ii. Lactobacillus arobinosus and Enterococcus faecalis:
In the minimal media, Lactobacillus arobinosus and Enterococcus faecalis are able to grow together but not alone.
The synergistic relationship between E. faecalis and L. arobinosus occurs in which E. faecalis require folic acid
Anti-Universe And Emergent Gravity and the Dark UniverseSérgio Sacani
Recent theoretical progress indicates that spacetime and gravity emerge together from the entanglement structure of an underlying microscopic theory. These ideas are best understood in Anti-de Sitter space, where they rely on the area law for entanglement entropy. The extension to de Sitter space requires taking into account the entropy and temperature associated with the cosmological horizon. Using insights from string theory, black hole physics and quantum information theory we argue that the positive dark energy leads to a thermal volume law contribution to the entropy that overtakes the area law precisely at the cosmological horizon. Due to the competition between area and volume law entanglement the microscopic de Sitter states do not thermalise at sub-Hubble scales: they exhibit memory effects in the form of an entropy displacement caused by matter. The emergent laws of gravity contain an additional ‘dark’ gravitational force describing the ‘elastic’ response due to the entropy displacement. We derive an estimate of the strength of this extra force in terms of the baryonic mass, Newton’s constant and the Hubble acceleration scale a0 = cH0, and provide evidence for the fact that this additional ‘dark gravity force’ explains the observed phenomena in galaxies and clusters currently attributed to dark matter.
Signatures of wave erosion in Titan’s coastsSérgio Sacani
The shorelines of Titan’s hydrocarbon seas trace flooded erosional landforms such as river valleys; however, it isunclear whether coastal erosion has subsequently altered these shorelines. Spacecraft observations and theo-retical models suggest that wind may cause waves to form on Titan’s seas, potentially driving coastal erosion,but the observational evidence of waves is indirect, and the processes affecting shoreline evolution on Titanremain unknown. No widely accepted framework exists for using shoreline morphology to quantitatively dis-cern coastal erosion mechanisms, even on Earth, where the dominant mechanisms are known. We combinelandscape evolution models with measurements of shoreline shape on Earth to characterize how differentcoastal erosion mechanisms affect shoreline morphology. Applying this framework to Titan, we find that theshorelines of Titan’s seas are most consistent with flooded landscapes that subsequently have been eroded bywaves, rather than a uniform erosional process or no coastal erosion, particularly if wave growth saturates atfetch lengths of tens of kilometers.
Order : Trombidiformes (Acarina) Class : Arachnida
Mites normally feed on the undersurface of the leaves but the symptoms are more easily seen on the uppersurface.
Tetranychids produce blotching (Spots) on the leaf-surface.
Tarsonemids and Eriophyids produce distortion (twist), puckering (Folds) or stunting (Short) of leaves.
Eriophyids produce distinct galls or blisters (fluid-filled sac in the outer layer)
Mechanisms and Applications of Antiviral Neutralizing Antibodies - Creative B...Creative-Biolabs
Neutralizing antibodies, pivotal in immune defense, specifically bind and inhibit viral pathogens, thereby playing a crucial role in protecting against and mitigating infectious diseases. In this slide, we will introduce what antibodies and neutralizing antibodies are, the production and regulation of neutralizing antibodies, their mechanisms of action, classification and applications, as well as the challenges they face.
Gadgets for management of stored product pests_Dr.UPR.pdf
Research on World Agricultural Economy | Vol.4,Iss.2 June 2023
1.
2. Research on World Agricultural Economy
Editor-in-Chief
Guido Van Huylenbroeck, Ghent University, Belgium
Cheng Sun, China Branch of World Productivity Federation of Science and Technology; Academic Committee of the
United Nations NGO International Information Development Organization, China
Associate Editors
Jesus Simal-Gandara, University of Vigo, Spain
Filippo Sgroi, University of Palermo, Italy
Yu Sheng, Peking University, China
Editorial Board Members
Erwin Bulte, Wageningen University, Netherlands
Man-Keun Kim, Utah State University, United States
Fabian Capitanio, University of Naples Federico II, Italy
Tomoaki Nakatani, The University of Tokyo, Japan
G M Monirul Alam, Bangabandhu Sheikh Mujibur Rahman Agricultural University, Bangladesh; University of South-
ern Queensland(USQ), Australia
Alberto J. Nunez-Selles, Universidad Nacional Evangelica (UNEV), Dominican Republic
Jiban Shrestha, National Plant Breeding and Genetics Research Centre, Nepal
Zhiguo Wang, China Association for Science and Technology, China
Xiaoyong Huang, International Energy Security Research Center, Chinese Academy of Social Sciences, China
Giuseppe Pulighe, Council for Agricultural Research and Economics (CREA), Italy
Alamgir Ahmad Dar, Sher-e-Kashmir University of Agricultural Sciences & Technology, India
Keshav D Singh, Agriculture and Agri-Food Canada (AAFC), Canada
K. Nirmal Ravi Kumar, Acharya NG Ranga Agricultural University, India
Zhengbin Zhang, Institute of Genetics and Developmental Biology, Chinese Academy of Sciences, China
Paul Alejandro Herrera, Escuela Superior Politecnica del Litoral (ESPOL), Ecuador
Rishi Ram Kattel, Agriculture and Forestry University, Nepal
Jianping Zhang, Chinese Academy of International Trade and Economic Cooperation, China
Lin Shen, China Agricultural University, China
Juan Sebastián Castillo Valero, University of Castilla-La Mancha, Spain
Shahbaz Khan, National Agricultural Research Centre, Pakistan
Gioacchino Pappalardo, University of Catania, Italy
Alisher Tleubayev, Suleyman Demirel University, Kazakhstan
Ali Darub Kassar, University of Anbar, Iraq
Shaobo Long, Chongqing University, China
Wenjin Long, China Agricultural University, China
Mohammad Jahangir Alam, Bangladesh Agricultural University, Bangladesh & Zhongnan University of Economics
and Law, China
3. Volume 4 Issue 2 • June 2023 • ISSN 2737-4777 (Print) 2737-4785 (Online)
Research on World
Agricultural Economy
Editor-in-Chief
Guido Van Huylenbroeck
Cheng Sun
4. Volume 4 | Issue 2 | June 2023 | Page1-77
Research on World Agricultural Economy
Contents
Research Articles
1 Resilience of Grain Storage Markets to Upheaval in Futures Markets
Emma Hayhurst B.Wade Brorsen
6 Screening of Elite Mungbean Genotypes (Vigna radiata (L.) Wilczek) through Multivariate Analysis for
Food and Nutritional Security
Sanhita Ghosh Anindita Roy Sabyasachi Kundagrami
32 Development Trends of the Market of Agricultural Lending to Households in Ukraine: Analysis of Con-
sumer and Mortgage Loans
Svitlana Andros Vasyl Gerasymchuk
47 Exploring the Adoption and Impact of Conservation Agriculture among Smallholder Farmers in
Semi-Arid Areas: Evidence from Chamwino District, Tanzania
Noel Yared Selya Provident Dimoso Yohana James Mgale
62 Is Policy Greasing the Wheels of Global Palm Oil Trade?
Shweta Adhikari Dikshit Poudel Munisamy Gopinath
Review Article
18 Agricultural Research in Colombia: Counterpoint with the Brazilian System
Heiber Andres Trujillo Carlos José Caetano Bacha
Short Communication
13 Navigating the Path to Sustainable Oil Palm Cultivation: Addressing Nexus Challenges and Solutions
Giuseppe Pulighe
6. 2
Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
price expectations upon the futures market. The particular
concern is that the non-convergence could have caused
the returns to storage to be overestimated. To address
this concern, the primary objective of this research is to
determine the effect of lack of convergence on the supply
of storage. Note that mispricing in one market has the
potential to spread to other markets [3,4]
, so the issue is of
concern to world grain markets.
2. Theory of Storage
The theory of storage [5-8]
, defines the equilibrium rela-
tionship between cash and futures prices. This relationship
can be stated in terms of the basis, the difference between
the contemporaneous spot price in period t, St, and the
futures price (as of date t) for delivery at date T, Ft,T. The
theory is that the (negative of the) basis is composed of
the cost-of-carry: Interest foregone to borrow to buy the
commodity, St rt, (where rt is the interest charge on a dollar
from t to T), plus the physical storage costs w(T – t), mi-
nus a convenience yield, ct, which is an implied return on
inventories:
, − = + ( − ) − (1)
The futures price minus the spot price equals the basis.
The basis is equal to St rt, the opportunity cost, plus the
marginal storage cost (w(T – t) where w is the daily phys-
ical cost of storage), minus the convenience yield. Under
the theory of storage, inventories are held only if expected
returns are positive. A lack of convergence (with futures
higher than cash) would distort this formula and project
returns to be higher than actual. Therefore, a shift in the
demand for storage could occur and more grain would
be stored. The expected profit maximization for a storage
provider, assuming that the producer is hedging, can be
expressed as:
max
= +ℎ − − +ℎ − − ()
≤
(2)
where E(π) is the expected profit, Q is the quantity stored,
Ft+h is the distant futures price, Ft is the nearby futures
price, St is the cash price, St+1 is the distant cash price and
C(Q) is a cost function that includes storage fees, insur-
ance, pest management and other costs associated with
the storing of the grain. The amount of grain that can
be stored is constrained by the capacity, where capacity
equals the amount of storage available, for example grain
elevators. Brennan [7]
lets the amount of a commodity held
in storage be determined by the equality of marginal cost
of storage and the temporal price spread. In a competitive
market a firm seeking to maximize net revenue will hold
the amount of stocks such that the net marginal cost of
storage per unit equals the expected change in price per
unit of time.
Van Huellen [9]
explains the non-convergence augments
using the commodity storage model and a price-pressure
component:
+ℎ = ,+ℎ + + ( +ℎ)(3)
where E(St+h) is the expected future cash price, Ft,t+h is the
futures price at time t and contract maturity of t+h, ρt is
a risk premium, and E(Basist+h) is the expected basis at
time t+h. Non-convergence makes it difficult for firms to
forecast basis. If they are unable to predict the non-con-
vergence then their expected returns to storage will be
inaccurate and there will be a loss of social welfare [10,11]
.
Hatchett and Brorsen [12]
as well as Thompson et al. [13]
suggest using only the most recent information to forecast
basis during times of structural change, but even that is
only partly successful.
The Chicago Board of Trade (CBOT) and Kansas City
Board of Trade (KCBOT) made changes to grain futures
contract specifications to combat the 2005-2010 non-con-
vergence problems. Changes included limiting the number
of warehouse receipts and shipping certificates that a trad-
er could hold, expanding delivery locations, and variable
storage rates [20]
. Irwin [20]
argues that the most fundamen-
tal change was the implementation of a variable storage
rate (VSR) rule for CBOT wheat beginning in September
2010. The Chicago Mercantile Exchange (CME) did not
introduce VSR to corn and soybeans markets but chose to
increase their fixed storage fees in 2008 and later in 2020 [15]
.
The objective of implementing VSR was to improve con-
vergence, and that is ultimately what it did. While index
funds are often blamed for distorting markets, there is lit-
tle empirical evidence that they do so [16-18]
.
3. Data and Methods
Data used for this research came from multiple sourc-
es. Futures prices for corn and soybeans were compiled
by the Livestock Marketing Information Center (LMIC)
and stem from reported prices of CBOT/CME Group
futures contract settlement prices. The Kansas City hard
red winter wheat contract was used for wheat and these
prices come from Barchart. Cash prices for all three com-
modities were compiled by LMIC based on USDA reports
with both #2 Yellow Corn and #1 wheat using Kansas
City prices and #1 Yellow Soybeans using Central Illinois
prices. The ending stocks for each commodity come from
the World Agricultural Supply and Demand Estimates
(WASDE) report. The annual ending stock quantities used
for wheat are on May 1st, and corn and soybeans are on
July 1st. The annual interest rate used is the market yield
7. 3
Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
on U.S. Treasury securities at 10-year constant maturity,
which comes from the Federal Reserve Economic Data
(FRED). Non-convergence was measured using the basis
of the 4 weeks prior to each contract’s expiration date,
which is the 15th of that month.
The equation estimated for the supply of storage is:
= 0 + 1 + 2
+ 3 +
(4)
where ESt is the quantity of ending stocks of the commod-
ity at time t, OppCostt is the cash price of the commodity
multiplied by the annual interest rate at time t, which
measures the opportunity cost of storing, Returnst is the
expected returns on storage of the commodity using the
futures price, at time t, NonConvergence is a measure
of the basis, and ϵt is the random error term such that
~ 0,
2
. Note that the relationship to returns is some-
times considered nonlinear [19]
. The linear approximation
is used here due to the relatively small degrees of free-
dom.
4. Results and Discussions
Table 1 presents the estimates of Equation (4), the sup-
ply of storage equation using opportunity cost, the returns
from storage and measurement of non-convergence. When
trying to connect non-convergence to the amount of grain
stored, Table 1 indicates that the measure of convergence
is not statistically significant for any of the three com-
modities. Note that this finding is consistent with Revore-
do-Giha and Zuppiroli [20]
who found no change in hedg-
ing effectiveness in U.S. wheat markets over 2007-2012.
Similarly, Karali et al. [21]
found that non-convergence did
not affect the economic relationship between soft red win-
ter wheat delivery and non-delivery locations. Shi and In-
sengildina-Massa [22]
, however, found that hedging failure
was more common in corn markets during 2007-2013.
The expected sign for the convergence variable is nega-
tive, so it would counter the naive expectation of higher
returns on storage than actual returns. So, corn does not
have the expected sign for the convergence variable. The
other explanatory variables have the expected signs and
are statistically significant.
5. Conclusions
The empirical results suggest that grain storage mar-
kets adapted to the lack of convergence between cash and
futures prices. This research found a negative relationship
between opportunity cost and ending stocks, as well as a
positive relationship between returns to storage and end-
ing stocks. Thus, firms appear to have formed price ex-
pectations based on the predicted change in futures prices
rather than by assuming that basis would converge.
Table 1. Estimates of the effect of non-convergence on the supply of storage.
Commodity Variable Coefficient t-val p-value
KCHRW Intercept 518 *** 7.85 0.001
Opportunity cost ($/bu) –1463 *** –4.26 0.001
Return on storagea
($/bu) 295 ** 2.79 0.012
Basisb
($/bu) –35 –0.93 0.368
Corn Intercept 1669 *** 4.82 0.000
Opportunity cost ($/bu) –7754 *** –3.39 0.004
Return on storagea
($/bu) 2978 *** 3.62 0.002
Basisb
($/bu) 37 0.46 0.649
Soybeans Intercept 738 *** 6.23 0.0001
Oppportunity cost ($/bu) –1924 *** –4.18 0.001
Return on storagea
($/bu) 1425 ** 3.50 0.003
Basisb
($/bu) –286 –1.49 0.156
*p0.1, ** p0.05, ***p0.01.
Notes: The time period was 2000-2021, which gave 21 observations. The dependent variable is ending stocks (May for wheat and
July for corn and soybeans).
a
Return on storage is the calendar spread (for example, KC HRW March 2018 Futures Contract Price minus KC HRW May 2017 Fu-
tures Contract Price).
b
Basis is the average of the four weeks prior to the contract’s expiration date.
8. 4
Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
Author Contributions
The manuscript is based on the MS thesis by Emma
Hayhurst, which was submitted in May 2022 with the
same title. She conducted all statistical analysis, wrote the
original draft, and substantial revisions. Dr. Wade Brorsen
provided advice and editorial suggestions.
Funding
Funding was provided by the Oklahoma Agricultural
Experiment Station and National Institute of Food and
Agriculture Hatch Project OKL03170 as well as the A.J.
and Susan Jacques chair.
Data Availability
The data are available upon request from the corre-
sponding author.
Conflict of Interest
The authors declare no conflict of interest.
References
[1] Adjemian, M.K., Garcia, P., Irwin, S., et al., 2013.
Non-convergence in Domestic Commodity Futures
Markets: Causes, Consequences, and Remedies
[Internet]. United States Department of Agriculture.
Available from: https://www.ers.usda.gov/webdocs/
publications/43777/39376_eib115.pdf?v=41492
[2] Garcia, P., Irwin, S.H., Smith, A., 2015. Futures mar-
ket failure? American Journal of Agricultural Eco-
nomics. 97(1), 40-64.
DOI: https://doi.org/10.1093/ajae/aau067
[3] Capitanio, F., Rivieccio, G., Adinolfi, F., 2020.
Food price volatility and asymmetries in rural areas
of South Mediterranean countries: A copula-based
GARCH model. International Journal of Environ-
mental Research and Public Health. 17(16), 5855.
DOI: https://doi.org/10.3390/ijerph17165855
[4] Goswami, A., Karali, B., 2022. The impact of funda-
mentals on volatility measures of agricultural substi-
tutes. Journal of Agricultural and Applied Econom-
ics. 54(4), 723-768.
DOI: https://doi.org/10.1017/aae.2022.37
[5] Kaldor, N., 1939. Speculation and economic stability.
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[6] Working, H., 1949. The theory of price of storage.
American Economic Review. 39(6), 1254-1262.
[7] Brennan, M., 1958. The supply of storage. American
Economic Review. 48, 50-72.
[8] Cafiero, C., Bobenrieth, E.S.A., Bobenreith, J.R.A.,
et al., 2011. The empirical relevance of the competi-
tive storage model. Journal of Econometrics. 162(1),
44-54.
DOI: https://doi.org/10.1016/j.jeconom.2009.10.008
[9] Van Huellen, S., 2018. How financial investment dis-
torts food prices: Evidence from U.S. grain markets.
Agricultural Economics. 49(2), 171-181.
DOI: https://doi.org/10.1111/agec.12406
[10] Garcia-Verdugo, J., Consuegra, M., 2013. Estimating
functional efficiency in energy futures markets. Eco-
nomics and Business Letters. 2(3), 105-115.
[11] Penone, C., Giampietri, E., Trestini, S., 2022. Fu-
tures-spot price transmission in EU corn markets.
Agribusiness. 38(3), 679-709.
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[12] Hatchett, R.B., Brorsen, B.W., Anderson, K.B., 2010.
Optimal length of moving average to forecast futures
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ics. 35(1), 18-33.
[13] Thompson, N.M., Edwards, A.J., Mintert, J.R., et al.,
2019. Practical alternatives for forecasting corn and
soybean basis in the Eastern Corn Belt throughout
the crop marketing year. Journal of Agricultural and
Resource Economics. 44(3), 571-590.
[14] Irwin, S.H., 2020. Trilogy for troubleshooting con-
vergence: Manipulation, structural imbalance, and
storage rates. Journal of Commodity Markets. 17,
100083.
DOI: https://doi.org/10.1016/j.jcomm.2018.11.002
[15] Goswami, A., Adjemian, M.K., Karali, B., 2022.
The impact of futures contract storage rate policy on
convergence expectations in domestic commodity
markets. Food Policy. 111, 102301.
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[16] Irwin, S.H., Sanders, D.R., 2011. Index funds, finan-
cialization, and commodity futures markets. Applied
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[19] Williams, J.C., Wright, B.D., 1991. Storage and com-
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[20] Revoredo-Giha, C., Zuppiroli, M., 2014. Exploring
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[21] Karali, B., McNew, K., Thurman, W.N., 2018. Price
discovery and the basis effects of failures to converge
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[22] Shi, R., Isengildina Massa, O., 2022. Costs of futures
hedging in corn and soybean markets. Journal of Ag-
ricultural and Resource Economics. 47(2), 390-409.
DOI: https://doi.org/10.22004/ag.econ.313311
11. 7
Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
1. Introduction
The present unequivocal confirmation that the global
population has already grown exponentially and predicted
it will rise from the present to 9 billion in 2050 [1]
. With
rapid urbanization and unchecked population growth
ensuring food and nutritional security for the population
has proved to be quite difficult even with the support of
advanced technology in the field of agricultural science [2,3]
.
In plant genetics resources, pulse crop species are the
base subsistence of the world food security for a growing
population. Mungbean [Vigna radiata (L.) Wilczek] is a
unique gift presented by nature to mankind, which has the
potency to make up the gap of protein shortage in view
of its three-fold amount of protein as much as cereals [4]
.
Besides, this crop has not only the capability to enrich
soil fertility with physical and biological properties of soil
health through symbiotic nitrogen fixation but also plays
an important role in the economy to increase the farmer’s
income through the intercropping system [5]
. India alone
with grown area of 3.72 million hectares and production
of 1.70 million tons with productivity of 406.98 kg/ha rep-
resents around two third of global production [6]
. Thus, the
overall annual production of the crop has increased yet the
crop productivity has plateaued due to the non-availability
of high-yielding genotypes and lack of genetic variability
as well as post-harvest losses because of bruchid attack [7]
.
Under the circumstances, enhancement of productivity is
necessary for ensuring the food security of the population.
So, there is a strong need for increasing the mungbean
productivity but the current agricultural practices and the
availability of sufficient land put a bar on it. Hence, an
alternative approach is necessary to look for introducing
improved high-yielding genotypes.
The sound knowledge of genetic diversity in genetic
resources is a crucial part for plant breeders to better
comprehend the evolutionary and the hereditary connec-
tions among accessions, to choose germplasm in a more
organized and impressive way and to create convenient
diversity in their plant breeding program [8]
. From the very
beginning of agriculture genetic variability within crop
species to meet subsistence food requirements has been
done and now it is being utilized to surplus food for ris-
ing populations. The unavailability of stable high-yielding
varieties potential is a major bottleneck for growing
mungbean. Empirical selection for genotypes with high
yield is difficult because of the yield complex nature con-
trolled by polygenes. Yield is a complex trait, associated
with many contributing traits which is highly influenced
by the environment. Analysis of yield and related traits
are also presented an intricate chain of relationships and
picturized a reflection of their gene effects [6]
. Multivariate
analysis such as principal component analysis and cluster
analysis are statistically eligible to experiment and ana-
lyze a matrix of complicated values which can be utilized
to think about the connection among traits and decide key
properties and attributes that are involved in economic
yield [9]
. PCA makes it conceivable to transform a given
set of traits, which are either associated or not into a new
system while cluster analysis is a clear and easy method
to group the investigated data through their similarities by
a view of a two-dimensional vision [10,11]
. Estimation of the
genetic diversity can help in the identification of geneti-
cally distant parents present in the population. Hybridiza-
tion between such genetically distant parents can ensure a
maximum number of recombinants expected in the segre-
gating generation of such crosses.
Keeping these factors in view, the present investigation
was conducted to determine the nature and magnitude of
genetic diversity among the fifty-two mungbean genotypes
for yield and yield attributing traits through multivariate
analysis, particularly principal component analysis. Such
analysis can clarify the association among agro-morpholog-
ical traits and cluster analysis provides valuable informa-
tion to screen and identify the promising high-yielding elite
mungbean genotypes for future food security.
2. Materials and Methods
2.1 Experimental Material
The fifty-two mungbean genotypes were collected from
different areas of India such as NBPGR (New Delhi);
Pulse Oil Seed Research Station (Berhampore); some
local accessions of different districts of West Bengal and
all genotypes listed in Table 1.
2.2 Experimental Site, Seasons and Cultivation
The present study was carried out at the Department of
Genetics and Plant Breeding at Institute of Agricultural
Science, University of Calcutta and the experimental
materials consisted of fifty-two mungbean genotypes that
were evaluated at Experimental Farm of University of
Calcutta, Baruipur, South 24 Parganas West Bengal, India
(220 N, 88.260 E and 9.75 m above the sea level) during
the period of mid-March to end May in three different
Years. The experiment was laid out in a Random Block
Design (RBD) using three replications with the experi-
mental plot. There were rows per plot of each genotype
spaced 30 cm apart. The length distance of each row was
3 m, with plant to plant distance of 10 cm within a row.
Most of the cultural practices were performed according
to Park, 1978 [12]
.
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Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
2.3 Observed Traits
Data were collected on five randomly selected healthy
harvested plants from each replication and each genotype.
Pods of each plant were kept separately in an envelope
and dried. Threshing was done by hand was taken to avoid
a mixture of seeds. The pre and post-harvesting observa-
tions were recorded from five randomly selected plants
from each replication on different parameters such as plant
height (PH), branches plant–1
(BPP), pods plant–1
(PPP),
pod length (PL), seeds pod–1
(SPP), 100 seed weight (HSW),
harvest index (HI) and seed yield plant–1
(SYPP) which were
determined on plot basis according to Moussa [13]
and the
mean values computed from the observations of both the
seasons were used for statistical analysis.
2.4 Statistical Analysis
To assess the overall variation attributed by yield attrib-
uting traits in mungbean, the descriptive statistics includ-
ing mean, standard error (SE) and range in standard unit
were calculated using SPAR 2.0 software package and the
Principal component analysis (PCA) and k-means cluster-
ing (combined data over three seasons used for each trait)
were done using IBM SPSS 20.0 while tree diagram (den-
drogram) based on Unweighted Pair Group Method with
Arithmetic Mean (UPGMA) method with the Euclidean
distance matrix [14]
was constructed by Darwin version 6.
The first two principal components were plotted against
each other to find out the patterns of trait variability
among the mungbean genotypes using SPSS version 20.
3. Results and Discussion
The basic statistics for eight agro-morphological traits
were analyzed and summarized in Table 2 exhibited a
noticeable variation present in the experimental material.
Pods plant–1
, plant height, seed yield plant–1
and harvest
index showed high to medium variation whereas the rest
of the traits showed low variation.
Screening is the first best step to selecting good geno-
types for crop improvement. The hierarchical (UPGMA)
cluster analysis constructed and classified the fifty-two
mungbean genotypes into 4 clusters showing 2 major, 1
minor and one outlier in Figure 1. The genotypes were
distributed in each cluster presented in Table 3 exhibited
the result in a way that one genotype into cluster I con-
tained the outlier (1.92%), 17 accessions were grouped
into cluster II (32.69%), 2 genotypes made a small group
into cluster III (3.85%) while 32 accessions grouped into
transgressive cluster IV (61.54%). The K-Mean values
were displayed in Table 4 and Figure 2 based on four
clusters. Among them, cluster II constituted the most fas-
cinating group because here each elite genotype had high
seed yield as well as branches plant–1
, pods plant–1
, har-
vest index whereas cluster IV showed intermediate yield
potency. Cluster II showed lower values in all the traits
except pod length and 100 seed weight while the outlier
(cluster I) was showed distinct from the other cluster be-
cause it demonstrated that the lowest seed yield plant–1
as
well as low branches plant–1
, pods plant–1
, harvest index.
The inter-cluster distance among four cluster range be-
tween 10.57 to 28.60 based on Euclidean dissimilarity
matrix presented in Table 5. The highest inter-cluster dis-
tance was found between clusters I and IV (28.60) fol-
lowed by clusters I and III (26.71), clusters I and II (14.41).
The closer cluster distance appeared between clusters III
and IV (10.57) followed by clusters II and III (14.39) and
clusters II and IV (14.63). Kahraman et al. [11]
and Darkwa
et al. [15]
present similar result in common beans. Eigen-
values of eight principal components have been shown in
the scree plot Figure 3. Principle component analysis (PCA)
demonstrated that PC1 to PC2 had the Eigenvalues 1 con-
tributed traits variability 71.18% through PC1 and 28.81%
Table 1. List of mungbean genotypes.
Serial No. Genotype Name Serial No. Genotype Name Serial No. Genotype Name Serial No. Genotype Name
1 APDM-84 14 A-82 27 IPM-99-125 40 Sukumar
2 MH-98-1 15 PM-2 28 IPM-205-07 41 PDM-54
3 B1 16 TM-98-20 29 IPM-5-17 42 Sonamung 2
4 PS-16 17 HUM-8 30 KM-139 43 CUM1
5 PTM-11 18 Sonamung-1 31 PM-11-51 44 CUM2
6 SML-302 19 Panna 32 Pusa-1431 45 CUM3
7 ML-5 20 Baruipur local 33 SML-115 46 CUM4
8 APDM-116 21 Howrah local 34 PDML-13-11 47 CUM5
9 UPM-993 22 Purulia local 35 Pusa-1432 48 CUM6
10 MC-39 23 Bankura local 36 Samrat 49 CUS1
11 Pusa Baisakhi 24 Pant mung-5 37 HUM-16 50 CUS2
12 Pusa- 9632 25 VC-639 38 MH-909 51 CUS3
13 K-851 26 Pusa Vishal 39 WBM-045 52 CUS4
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Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
through PC2 in Table 6. Seed yield plant–1
and pods plant–1
with maximum values closer to unity within PC1 whereas
plant height and seeds plant–1
close with PC2 illustrated
in Figure 4. The positive and negative values in PCA
represented correlation trend between the traits. These
results were in trends with the findings of Pandiyan et al.
Therefore, PC1 assists to select the traits such as branches
plant–1
and seed yield plant–1
for yield improvement.
PH-Plant Height, BPP-Branches per Plant, PPP-Pods
Per Plant, PL-Pod Length, SPP-Seeds Per Pod, HSW-
Hundred Seed Weight, HI-Harvest Index, SYPP-Seed
Weight Per Plant.
PH-Plant Height, BPP-Branches per Plant, PPP-Pods
Per Plant, PL-Pod Length, SPP-Seeds Per Pod, HSW-
Hundred Seed Weight, HI-Harvest Index, SYPP-Seed
Weight Per Plant.
Screening is a prerequisite strategy for breeding to
improve productivity so that an important crop through
breeding traits variation is a necessity. Significant vari-
ation exists in the present study for yield contributing
Table 2. Basic statistics for eight quantitative traits in fifty-two mungbean genotypes.
Traits Pooled Mean ±Standard error Range Minimum Maximum
PH (cm) 61.97±0.49 50.02 76.90
NBPP 3.88±0.04 2.50 4.97
NPPP 44.55±0.66 20.90 63.53
PL (cm) 7.55±0.06 6.67 9.37
NSPP 11.61±0.05 9.64 13.15
HSW (gm) 3.35±0.06 1.80 5.48
HI 24.89±0.36 17.23 32.64
SYPP (gm) 14.99±0.34 9.65 25.04
Note: PH-Plant Height, NBPP-No. of Branches per Plant, NPPP-No. of Pods Per Plant, PL-Pod Length, NSPP-No. of Seeds Per Pod,
HSW-Hundred Seed Weight, HI-Harvest Index, SYPP-Seed Weight Per Plant, cm-centimeter, gm-gram.
Figure 1. Dendrogram showing a cluster of 52 different mungbean genotypes.
Table 3. Cluster analysis and classification with regard to agro morphological traits of mungbean.
Cluster No of Genotypes Percentage of Contribution Name of Genotypes
I 1 1.92 CUS4
II 17 32.69
Pusa Baishakhi, PS-16, MC-39, NDML-13-11, Panna, Sonamung-2,
IPM-5-17, Howrah local, PM-11-51, HUM-16, Baruipur local, Pant
mung-5, IPM-205-07, APDM-84, MH-909, B1, HUM-8.
III 2 3.85 CUM4, Pusa-1432.
IV 32 61.54
Sukumar, PM-2, PDM-54, UPM-993, CUS3, IPM-99-125, ML-5,
CUM6, CUM1, Pusa-1431, CUS2, Sonali, K-851, CUM3, WBM-045,
A-82, APDM-116, CUM2, CUS1, VC-639, SML-115, KM-139, Pusa-
9632, Purulia local, Pusa Vishal, Bankura local, PTM-11, MH-98-1,
Samrat, TM-98-20, SML-302, Pusa 1432.
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Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
traits. Ghosh et al. [16]
reported that adequate knowledge of
trait variation is an imperative marker that provides a sign
of the distinctive impacts which influence the aggregate
variation of plant traits while variation alludes to detect-
able contrasts among individuals for a specific trait. The
knowledge of Multivariate analysis not only indicates the
significant variance between average vectors but also pro-
vides efficient utilization for securing the genetic resourc-
es to forecast the potentiality of the breeding material by
rapid authentication [11,17]
. The nature of the distribution
of the genotypes across four clusters observed in the cur-
rent investigation suggested that the analysis successfully
Table 4. K-Mean performance of agro-morphological traits of four different clusters in mungbean genotypes.
Cluster PH (cm) BPP PPP PL (cm) SPP HSW (gm) HI SYPP (gm)
I 56.23 ± 3.03 2.80 ± 0.46 20.90 ± 0.17 8.70 ± 0.80 12.00 ± 0.14 4.40 ± 0.17 27.42 ± 1.66 9.65 ± 0.22
II 62.37 ± 0.69 4.01 ± 0.05 51.73 ± 0.83 7.82 ± 0.10 11.50 ± 0.08 3.59 ± 0.11 28.28 ± 0.51 20.15 ± 0.39
III 74.23 ± 1.54 3.19 ± 0.37 48.46 ± 1.47 7.26 ± 0.19 11.74 ± 0.18 2.98 ± 0.11 23.43 ± 0.63 10.65 ± 0.18
IV 61.18 ± 0.62 3.89 ± 0.05 41.22 ± 0.58 7.38 ± 0.06 11.65 ± 0.07 3.22 ± 0.07 22.96 ± 0.42 12.68 ± 0.20
Note: cm-centimeter, gm-gram
Figure 2. Means of eight quantitative traits of mungbean genotypes grouped into four clusters.
Table 5. Inter cluster distance and mean performance of agro-morphological traits of four different clusters of mung-
bean genotypes.
Cluster II III IV
I 14.41 26.71 28.60
II 14.39 14.63
III 10.57
Figure 3. Scree plot constructed for eight principal components.
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Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
classified the accessions based on their phenotypic per-
formances. Similar observations were earlier reported by
Basnet et al. [18]
. Cluster II with seventeen elite genotypes
presented the highest mean performance on seed yield
plant-1 as well as pods plant-1 and high values for the rest
of the traits and presumes that had special significance
in diversification, conservation of natural resources, crop
development and sustainability of production systems.
Mohammad and Sharif [9]
suggested that the selection of
genotypes for hybridization must take into account the
inter-cluster distances between different clusters as well
as the intra-cluster distances among genotypes belonging
to the same cluster to obtain optimum segregation during
recombination. In addition to cluster analysis the princi-
pal component analysis revealed that the first principal
component designated at PC1 plays a conceivable role to
identify the ideotype yield enhancement traits while PC2
differentiated factors that related to vegetative growth
exclusively in regenerative advancement. Pandiyan
et al. [19]
reported that K-Mean values showed traits ho-
mology, degree of genetic diversity and almost similar
trends in principle component analysis. Hence, pods
plant–1
, branches plant–1
, harvest index was considered as
the most important yield attributing component which is
directly reflected in the final yield and also selected seven-
teen elite high-yielding mungbean genotypes from cluster
II which transform new opportunity to surplus food and
nutrition for the rising population.
4. Conclusions
The current investigation successfully elucidated the
magnitude of diversity existing within a given population
of fifty-two mungbean germplasms. The study also helped
in identifying seventeen germplasms distributed within
the same cluster based on their high yield and promising
morphological traits. Such information can be worthwhile
to identify suitable parents for exploitation in future hy-
bridization programs, and also aim for yield improvement
along with other economically important traits.
Author Contributions
The first author as well as corresponding author San-
hita Ghosh took the lead in analysis, interpretation as well
as writing the manuscript while co-authors Sabyasachi
Kundagrami provided suggestions on experiments and
Anindita Roy helped during the analysis.
Acknowledgements
Authors highly acknowledge University Grant Com-
mission (UGC) and University of Calcutta for the finan-
cial support.
Data Availability
Data are available upon request to the corresponding
author.
Conflict of Interest
The authors disclosed that they do not have any conflict
of interest.
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Traits PC1 PC2
PH (cm) 0.303 0.953
BPP 0.849 –0.529
PPP 0.992 0.126
PL (cm) –0.933 0.359
SPP 0.777 0.629
HSW (gm) –0.882 –0.471
HI 0.805 –0.593
SYPP 0.998 –0.057
Eigen Values 5.695 2.305
% of Variance 71.189 28.811
Cumulative % 71.189 100.000
Figure 4. Scattered diagram of two principal components
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goods in rural villages [3]
.
The process of planting oil palm trees typically begins
with the preparation of the land. This involves clearing the
existing vegetation and trees, which often results in defor-
estation and soil degradation. The land is then drained and
plowed, and young oil palm seedlings are planted in rows.
The seedlings are carefully tended to until they mature,
which takes about three years. Once the oil palm trees
mature, they start to produce fresh fruit bunches (FFBs)
which are harvested and then transported to a mill where
they are processed to extract the crude palm oil (Figure 1).
Figure 1. Oil palm plantation in Negeri Sembilan, Malaysia.
Source: Image courtesy of Nazarizal Mohammad.
https://unsplash.com.
Oil palm is the most productive (average oil yield 5.5
tonnes per hectare) [4]
, versatile, highly profitable and
traded vegetable oil crop in the world [5]
, and demand is
expected to grow further in the near future. Today, palm
oil is used in an impressive number of packaged products
(e.g. soap, cosmetics, detergents, chocolate, margarine,
and cookies), cooking oil, as well as for biofuel [6]
. Oil
palm is not only a source of edible oil but also a source of
bioenergy (Figure 2).
In the last decade, driven by government support [7]
tropical oils used as biodiesel-diesel blends were promot-
ed as a renewable resource in many scenarios for achiev-
ing climate change commitments. However, the rapid
expansion of oil palm plantations has also led to environ-
mental, social, and economic challenges. Global palm oil
demand acts as a driver of land-use changes with associ-
ated nexus challenges in the environmental, social and
economic spheres, leading to concerns about deforesta-
tion, soil degradation and losses of ecosystem services [8,9]
,
and other telecoupled effects such as land-grabbing, food
price volatility, income inequalities, and land conflicts
associated with palm oil concessions, especially for in-
dependent smallholder plots. In this perspective essay,
we claim that achieving sustainable oil palm cultivation
requires a collaborative effort that involves all stakehold-
ers, including governments, producers, retailers, and
consumers. We argue that the adoption of sustainable and
smart cultivation practices is essential to ensure that palm
oil production supports economic development and pov-
erty reduction in tropical regions, while minimizing the
negative impacts on the environment and society. In sum-
mary, the path to sustainable oil palm cultivation involves
balancing the economic benefits with environmental and
social considerations.
Figure 2. Palm oil value chain.
Source: This cover has been designed using resources from
https://Freepik.com.
2. Nexus Challenges
Addressing the challenges facing the palm oil industry
requires a comprehensive approach that considers eco-
nomic, social, and environmental issues. Several studies
have identified many future challenges, including emerg-
ing threats from GHG emissions and climate change, land
degradation, and pests and diseases [10]
. Nevertheless,
previous studies have suffered from siloed approaches
in addressing the range of challenges associated with
oil palm cultivation. In this study, the authors attempt to
solve nexus domains that coexist within the oil palm value
19. 15
Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
chain, highlighting the multifaceted challenges and pos-
sible solutions.
One of the main nexus challenges is deforestation.
Large-scale oil palm cultivation has been a leading cause
of deforestation in many tropical regions. This has re-
sulted in the loss of valuable carbon sinks and biodiversity
hotspots, leading to climate change and ecosystem de-
struction. Overall, tropical oil trees expansion has impli-
cations in the well-known trilemma [11]
posed to scientists,
international organizations, economists and governmental
institutions for balancing the domain of biofuel produc-
tion, food security and environmental implications. For
instance, land use changes and landscape fragmentation
affected high-biodiversity wilderness areas, as recently
suggested by de Almeida et al. [12]
in a long-term trajectory
of oil palm expansion in the eastern Brazilian Amazon.
In the same vein, Rulli et al. [13]
argue that bioenergy and
food industry demands have driven forest losses, forest
fragmentation and freshwater pollution in different areas
across Indonesia.
However, the GHG emissions following land use/cover
changes have been questioned by researchers in many
cross-sectional studies, suggesting substantial challenges
and trade offs concerning the accounting of greenhouse
fluxes [14,15]
. Bioenergy production is another intercon-
nected challenge associated with oil palm cultivation. As
46% of total palm oil imported by the European Union
was used as biofuels, in 2018 the EU Parliament provi-
sionally agreed to phase out the use of palm oil for trans-
port fuel to reduce the risk of direct and indirect land-use
changes [16]
. Nevertheless, avoiding palm by switching to
alternative replacement oils is not the solution in the short
term because other cultivated crops (e.g. jatropha, jojoba,
soybean, rapeseed) are less productive and will require ad-
ditional land resources [17]
. A recent assessment found that
land-intensive bioenergy will play a significant role in the
energy mix in the coming decades during the energy tran-
sition towards net-zero emissions targets [18]
. Future bio-
fuel targets and mandates will require a further land area
with substantial land-use changes and probably may lead
to multiple interdependencies. In this sense, completely
banning exports of bioenergy may not be the best solution
for the planet.
Social impacts are also a major concern associated
with oil palm cultivation. Strictly linked with the oil palm
expansion are land grabbing, displacement of indigenous
communities, poor working conditions for plantation
workers, and human rights abuses. Agribusiness multina-
tional corporations and big companies may drive continu-
ous expansion impacting the rural villages, populations
and territories [19]
, putting at risk freshwater availability,
food sovereignty and drinkable water for livestock.
Moreover, recent studies suggest a clear link between
deforestation and outbreaks of vector-borne and zoonotic
diseases [20,21]
. New plantations take up large tracts of land,
exacerbating interdependent connections on land, water,
food and human rights.
3. Solutions toward Sustainability
To address these challenges and controversies, a new
paradigm for modernizing oil palm cultivation and the
value chain is necessary. First, a viable solution is to sup-
port sustainable intensification with disruptive technolo-
gies, i.e., agriculture 4.0 (agriculture revolution which
uses digital technologies) [22]
and precision agriculture,
scaling-up productivity reducing pressure on tropical de-
forestation and biodiversity losses.
In this sense, findings from recent field-scale studies
and reviews suggest that there is considerable scope for
further yield improvements with improved high-yielding
varieties (i.e. breeding, genetic improvement) and inte-
grated farming systems for optimal inputs management
of nutrients, irrigation, pests and diseases. For example,
scientists are developing oil palm varieties that are more
resistant to drought and heat, which will become increas-
ingly important as the climate changes [4,23]
. Although
technology transformation and industry 4.0 are relatively
new concepts in the palm industry [24]
, the application of
disruptive innovations can effectively improve the sus-
tainability of the value chain. Under a high-yield growth
scenario of doubling global average palm oil yields up to
9 metric tons per hectare [2]
, future expansion of oil palm
plantations can be counterbalanced, and the harvested area
will slow at 2010 levels assuming no change in global de-
mand.
Regarding the issues on biodiversity and ecosystems,
new agroforestry systems planting buffer zones of native
vegetation around oil palm plantations and integrating
trees with crops can create more diverse and resilient
landscapes. For example, shade-tolerant crops like cof-
fee, cocoa, and black pepper can be grown beneath oil
palm trees, which provide habitat for wildlife and helps to
reduce the impact of monoculture cropping. This could di-
versify and stabilize the price and supply of the food bas-
ket and income of smallholders, reinforcing the resilience
and livelihoods of local communities.
4. Conclusions and Future Perspectives
To develop appropriate and sustainable oil palm cul-
tivation practices, nexus challenges and viable solutions
in the production pathway need to be better understood.
20. 16
Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
As stated above, the palm oil processing industry, large
agricultural companies, researchers, governments, and
small-scale producers should raise their ambition toward
technology innovations and new processing technologies
to modernize their practices of production and to reduce
competition and conflicts among different land uses.
If growth in palm oil demand continues to rise in the
next years, a key priority for policymakers should there-
fore be to plan for effective supply-chain interventions.
Important vehicles for nexus solutions include regulatory
support and economic support schemes [25]
. Regulatory
support instruments can include company pledges, codes
of conduct, sector-wide sanctions [26]
and rigorous ac-
counting rules protecting tropical and subtropical rainfor-
ests and biodiversity-rich ecosystems against unnecessary
and detrimental land conversions. In this sense, commit-
ments such as “No Deforestation, No Peat, No Exploita-
tion (NDPE)” can help raise awareness and prevent new
damage [6]
. Companies that adopt NDPE policies commit
to sourcing palm oil from suppliers who do not engage in
deforestation, conversion of peatlands, or exploitation of
workers. Economic support instruments include realistic
measures to regulate production and implementing policy
instruments such as mandatory quotas, tax incentives or
credits, capital subsidies, grants and rebates, and voluntary
market initiatives. Furthermore, sustainability indicators
such as those established by the Roundtable on Sustainable
Palm Oil principles and criteria (see The RSPO, 2020) [27]
,
and certified international standards checked against per-
formance measures (e.g. practical to implement, sensitive,
measurable and traceable) can further increase sector sus-
tainability, encouraging companies to adopt sustainable
practices and provide assurance to consumers that palm
oil is produced sustainably.
In conclusion, the path to sustainable oil palm cultiva-
tion involves a comprehensive approach that balances
economic, social, and environmental considerations. Ad-
dressing the challenges requires the cooperation of gov-
ernments, industry, and civil society. Adopting sustainable
practices can benefit not only the environment and local
communities but also the long-term profitability and repu-
tation of the palm oil industry.
Data Availability
The data presented in this study are available on re-
quest from the corresponding author.
Conflict of Interest
The author declares that there have no known compet-
ing financial interests or personal relationships that could
have appeared to influence the work reported in this paper.
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cultural research, which allows the country to expand its
range of processed products as well as increase productiv-
ity per area. Agricultural research shows up for itself as a
proposal for a sectoral approach, fundamentally aimed at
benefiting the sector with a view to making it competitive
and expanding its capacity to generate profits [3]
. However,
examining the impacts of research on food systems and,
therefore, on farmers and consumers is a complex task.
Agricultural research is considered one of the condi-
tioning factors of agricultural transformation [4]
, and it
has been one of the key factors to explain the increase of
agricultural productivity in South America during the last
decades, especially in countries such as Brazil, Chile, and
Uruguay [5,6]
. Producer associations, research foundations,
private sector companies, and universities have played an
increasing role in the technological development in the
region [1]
. In turn, increased productivity in agriculture is
one of the main sources of growth in the sector [7]
and it
is associated with greater investment in research in these
countries.
Investment in agricultural research is characterized by
returns much higher than those obtained in other activi-
ties. In the case of Brazil, according to Bonelli and Pes-
soa [5]
, rates of return were in the order of 20% to 30% in
the first half of the 1990s. More current data, such as the
Social Balance of Brazilian Agricultural Research Com-
pany (EMBRAPA), estimate an average rate of return on
investments in agricultural research of 45.1% [8]
. Such in-
vestments afforded by the Government expenditures have
been beneficial to Brazilian society. At present and by
various indicators associated with it, it is evident that Bra-
zilian agriculture has become one of the leading and most
competitive in the world. Both the structure and funding
of public research in agriculture have been essential to
achieving this competitiveness.
Agricultural modernization in Brazil, after the 1960s,
was stimulated by government policies at different levels
(particularly through rural credit policies, minimum pric-
es, research, and agricultural extension). Innovations in
technology (resulting from investments in research) led to
an increase in agricultural productivity [5]
. In this process,
the creation of the National Agricultural Research System
(SNPA), the role of EMBRAPA, the role of state-funded
research and technical assistance institutions, and the role
of universities and private, for-profit and non-profit or-
ganizations stand out [9]
.
In Colombia, agriculture was a determining sector in
the country’s development during most of the last century,
highlighted by the growth of coffee cultivation in dif-
ferent regions [10]
. However, since the 2000s, agriculture
has decreased its share in the Colombian economy [11,12]
.
According to data from the World Bank, the National
Administrative Department of Statistics (DANE), and the
National Planning Department (DNP), the contribution
of agriculture to the Colombian GDP went from 25% in
1965 to 22.30% in 1990 and reached only 6.30% in 2017.
The loss in the contribution of agriculture and livestock to
the Colombian trade balance is the result, on the one hand,
of the higher relative growth of other sectors and, on the
other hand, of the low productivity of the sector itself. The
low productivity of the agricultural sector also generates
less development, especially in areas where agriculture
has been considered the main economic vocation. Dur-
ing the last three decades, Colombia’s economic growth
has been driven by the advancement of sectors such as fi-
nance, mining, public services, electricity, and information
and communication technologies. According to Ludena [13]
,
between 2001 and 2007, the growth rate of Total Factor
Productivity (TFPa
) in Colombia’s agricultural sector
declined significantly. This, in part, reflects the lack of a
fully structured agricultural research segment that is even
capable of being competitive with these other sectors at
the national level, as could be the case in Brazil.
Agricultural research in Colombia has progressively
advanced and been strengthened with the creation of dif-
ferent institutions and diverse approaches. Agricultural
research began systematically in 1914 with the start of
academic activities at the School of Tropical Agriculture
and Veterinarian of Medellín. At that time, the prevailing
view was that agriculture was restricted to the produc-
tion of food for the domestic market, and there was an
enormous need for technical personnel trained in the areas
of agriculture, livestock, forestry, fisheries, and natural
resources, as well as in post-harvest activities. Although,
since the creation of the National Coffee Research Center
(CENICAFÉ) in 1938, Colombia had centers specialized
in different crops, it was only in 2017 that the National
Agricultural Innovation System (SNIA) was established.
The main objective of this system is to contribute to the
improvement of productivity and competitiveness through
the articulation of national and regional policies to en-
courage the development of science, technology, and in-
novation in the agricultural sector. Currently, agricultural
research in Colombia includes a significant number of
governmental entities, higher education institutions, non-
profit, private, and international entities working on it [14]
.
However, in order to measure, monitor, and compare the
resources (human and financial), results, and performance
a Total factor productivity (TFP) can be defined as a ratio of total out-
put to total inputs. Thus, TFP is a unique measure designed to describe
the efficiency of the use of inputs to achieve a total volume of final out-
puts.
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Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
of agricultural research and development systems in Co-
lombia over time, it is essential to have indicators that
make it possible to evaluate the contribution of agricul-
tural research to the country’s development.
In this context, the general objective of this article is
to analyze the evolution of agricultural research in Co-
lombia, paying attention to the institutional framework
of the public sector, financial and human resources, and
the results of the research system, trying to make a com-
parison with the existing agricultural research system in
Brazil. This article is based on a bibliographic survey, the
collection of secondary data, and the analysis of technical
reports on agricultural research in Colombia and Brazil,
comparing them to identify facts that would allow the Co-
lombian system to position itself better in relation to the
Brazilian system. In Gil’s [15]
classification, this is explora-
tory research using the comparative research methodb
.
In addition to this introduction, the article comprises
five more sections. The second section presents the litera-
ture review, placing the previous objective in the context
of current knowledge about the subject under analyzing.
Section 3 presents the historical milestones of agricultural
research in Colombia and Brazil. In sequence, Section 4
presents a comparison between the entities conducting
agricultural research in both Colombia and their counter-
parts in Brazil. Section 5 analyzes the human and financial
resources granted to agricultural research in these two
countries (Colombia and Brazil), followed by Section 6,
which brings the final considerations of the article.
2. Literature Review
The literature closest to this paper’s objective refers
to works that address the origin and evolution of the ag-
ricultural research system and its current stage in Brazil
and Colombia. In the case of Brazil, for example, Stumpf-
Junior and Balsadi [3]
present the historical evolution of
Brazilian agricultural research from 1500 until the crea-
tion of EMBRAPA in 1973, the different approaches to
agricultural research, and an agenda for its development.
Considering a more recent period, Castro [16]
complements
the history and evolution of institutions conducting pub-
lic agricultural research in Brazil. This author advocates
continuing the allocation of public resources to agricul-
tural research because of the results it has achieved. Ad-
dressing the situation existing at a given time, there is, for
example, the work of Dossa and Segatto [17]
, who describe
b According to Gil [15]
, exploratory research is developed with the ob-
jective of providing an approximate vision of a given fact. On the other
hand, the comparative method involves the investigation of individuals,
classes, phenomena, or facts in order to highlight the differences and
similarities between them.
the institutions and interrelationships between public and
private sector activities in agricultural research in Brazil
as they existed in the mid-1990s. They also emphasize the
need for the Brazilian government to continue investing
in research and in the implementation of new forms of
public-private partnerships in order to maximize the social
benefits of scientific activity. More recently, Moreira and
Teixeira [9]
studied the creation of the National Agricul-
tural Research System (SNPA) and development institu-
tions, highlighting the return on investment in agricultural
research in Brazil and its impacts on society.
Among the few studies about the agricultural research
institutions in Colombia, Roldan [18]
provides a historical
but not complete panorama. The author starts by high-
lighting the Botanical Expedition of José Celestino Mu-
tis, emphasizing the various systems of education with a
focus on agriculture and livestock. Torres [19]
, presents a
reflection relating to higher education with an agricultural
focus in Colombia and the process of creating the Faculty
of Agricultural Sciences in the State of Nariño. Recently,
Junguito et al. [11]
recounted the main problems related to
the productivity and competitiveness of Colombian agri-
culture and have proposed mechanisms for strengthening
research institutions, paying particular attention to the
Colombian Agricultural Research Corporation (AGROSA-
VIA), which has come up as the axis of the national sys-
tem of agricultural science, technology, and innovation.
However, there is a lack of complete studies concern-
ing the evolution of the Colombian agricultural research
system, especially about what happened in the first two
decades of the 21st century. In this regard, Stads et al. [14]
present an analysis of agricultural research institutions in
Latin America and the Caribbean (including Colombia
and Brazil), detailing the structure and financing of their
research systems. However, this work does not highlight
how the better performance of some countries (for exam-
ple, Brazil) can be used as a comparative parameter for
other countries, such as Colombia. Given the above ex-
plained, the contribution of this article is the registration
and analysis of the main historical facts and institutions
that allowed the constitution of the agricultural research
system in Colombia up to the present time. This compara-
tive analysis with the Brazilian system will make it pos-
sible to formulate policy suggestions in Colombia that can
meet the demands of its agricultural sector and guarantee
its future development.
3. A Historical Survey of Agricultural Re-
search in Colombia and Brazil
The Spanish priest José Celestino Mutis, also a natural-
ist and mathematician, dedicated himself, after his arrival
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Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
in Colombia in 1760, to the recognition and study of the
Andean flora through several scientific excursions that led
to important botanical discoveries. Mutis carried out stud-
ies on zoology and minerals, observed astronomical phe-
nomena, and described the geography of the country [20]
.
During his lifetime in Colombia, Mutis exchanged corre-
spondence with European scholars, especially Mr. Carlos
Linnaeus, seeking better cooperation and exchange of
knowledge between both scholars about the collection and
nomenclature of unknown plants, as well as a scientific
development.
In 1805, Francisco José de Caldas assembled a consid-
erable herbarium of species from the southern and south-
western regions of Colombia, recording his observations
on the geography and distribution of plants in addition
to his contributions to astronomy and physics. This her-
barium was an essential component in the knowledge of
Colombian plant species not only because of its volume
but also because of the descriptions of common uses, es-
pecially in agriculture, industry, and the conservation of
natural resources in the regions where it was collected.
A century later, in 1914, landmarks were set up for the
creation of the School of Tropical Agriculture and Vet-
erinary Medicine in Medellín, and in 1916 its academic
activities began. Due to the country lacked of technicians,
qualified teachers from the United States of America,
Puerto Rico, Cuba, France, and Germany were hired.
Four years later, by ordinance, a complete course in ag-
riculture and veterinary medicine was introduced. With
the emergence of faculties of agronomy and zootechnics
in different Colombian states, there was a great diffusion
of new production techniques for different species, which
promoted the quality of Colombian agricultural products
at the time.
Table 1 displays the main historical milestones in the
process of creating agricultural science research and
education institutions in Colombia. From the 1940s to
the 1960s, several faculties were created to provide un-
dergraduate courses in agricultural sciences. The 1970s
and 1980s were characterized by the creation of several
research centers focused on specific agricultural activities.
Since its creation in 1970, the Faculty of Agricultural Sci-
ences at the Universidad Nacional de Colombia in Palmira
has pointed out among the most relevant public institu-
tions that provide higher education in the country, with
an emphasis on agricultural sciences. This institution has
contributed to the generation and development of research
in agronomy, biotechnology, agricultural innovation, en-
vironment, biodiversity, and zootechnics, not only for the
Valle del Cauca region, which is an important Colombian
agricultural region, but also for the development of other
Andean and Pacific Colombian regions.
Later, with the creation of the Colombian Agricultural
Research Corporation (AGROSAVIA) in 1993, national
public research began to be centered in this institution,
which became responsible for generating scientific knowl-
edge and technological solutions through research, inno-
vation, technology transfer, and the training of research-
ers for the benefit of the Colombian agricultural sector.
Together with the Faculty of Agricultural Sciences of the
Universidad Nacional de Colombia in Palmira and the
International Center for Tropical Agriculture (CIAT), both
placed in the same region, they form the hub of agricul-
tural research in Colombia. In addition, the institutional
framework stimulates the strengthening of the former
National Science and Technology System and its defini-
tion. Law 607, issued in 2000, has modified the creation,
functioning, and operation of the Municipal Agricultural
Technical Assistance Units (UMATA) and regulated direct
rural technical assistance. Those have turned viable, the
participation of the territories in technological activities.
In this path, the implementation of the Strategic Plans for
Science, Technology, and Innovation (PECTIA) formu-
lated for most of the country’s states has been noble.
Brazil, from 1808, when the Rio de Janeiro’s Botani-
cal Garden was inaugurated, to 1973, when EMBRAPA
was founded, has faced several swings between federal
and state institutions in conducting activities linked to the
generation of science (knowledge) and technology (pro-
cesses and products) oriented to the development of Bra-
zilian agriculture. Public agricultural research was greatly
strengthened with the creation of the Agronomic Institute
of Campinas (IAC), an agency of the State of São Paulo
since the beginning of the 20th century, but which was
originally established in 1887 by the Central Government
(at that time it was an Imperial Government) as the Impe-
rial Agronomic Station of Campinas.
In Brazil, the State of São Paulo headed the Brazil-
ian agricultural research from the beginning of the 20th
century until the end of the 1970s. Agronomic Institute
of Campinas (IAC), the Biological Institute (IB), and the
Zootechnical Institute (IZ), which concentrated on Bra-
zilian agricultural research during the first three decades
of the 20th century were later, joined by four other state
institutions (Institute of Agricultural Economics (IEA),
Institute of Food Technology (ITAL), and Institute of
Fisheries and Forestry (IF)) [21]
. The emergence of formal
postgraduate degrees stricto sensu courses, in mid-1960s,
allowed public universities (federal and state) to conduct
an important share of agricultural research in Brazil [3]
.
Brazilian public model of agricultural research fells
strongly on Government funding, which includes the con-
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Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
struction of buildings, the installation of laboratories, and,
above all, the training of competent researchers’ teams as
well as professors at worldwide highest ranked universi-
ties [16]
. Embrapa, linked to the Ministry of Agriculture,
Livestock, and Supply (MAPA), has been, since its crea-
tion, responsible for generating, by itself or jointly with
other agencies, new agricultural knowledge and technolo-
gies for the country. Along with the creation of Embrapa
Table 1. Landmarks the evolution of agricultural research institutions in Colombia.
Year Landmark
1914 Creation of the School of Tropical Agriculture and Veterinary Medicine in Medellin, later named the National Agricultural Institute
1930 Start of the sugarcane program at the Experimental Station of the Colombian Agricultural Institute (ICA) in Palmira
1934
Creation of the Agricultural Institute of Valle del Cauca (later as Escuela Superior de Agricultura Tropical del Valle del Cauca (ESAT)),
the Experimental Agricultural Farm of Palmira, and the Agricultural Extension Service of the State
1938
The National Agricultural Institute merged with the National University of Colombia, was renamed the National Faculty of Agronomy,
later named the Faculty of Agricultural Sciences, and is currently the Faculty of Agricultural Sciences in Medellin
Creation of the National Coffee Research Center (CENICAFÉ)
1940
Sugar mills-initiated research and experimentation activities and later, starting in 1955, established cooperation agreements with the
ICA sugarcane program
1943 The Faculty of Agronomy is created, linked to the Universidad Popular de Manizales, currently the Universidad de Caldas
1944 ESAT became Faculty of Agronomy of Valle del Cauca
1945
The Faculty of Agronomy of Valle del Cauca was incorporated into the Universidad Industrial del Valle del Cauca and became the
Faculty of Agronomy of the Universidad Industrial del Valle del Cauca
1946
The Faculty of Agronomy of the Universidad Industrial del Valle del Cauca joined the Universidad Nacional de Colombia: Facultad
Nacional de Agronomía - Palmira
Creation of the Faculty of Agronomy of the Universidad de Nariño
1955 Creation of the University of Tolima as a Faculty of Agronomy
1963 Creation of the Faculty of Agronomy of the National University of Colombia in Bogotá
1963 Inauguration of the tropical research center that later became the Marine and Coastal Research Institute (INVEMAR)
1967 Establishment of the International Center for Tropical Agriculture (CIAT) in Palmira
1970
The National Faculty of Agronomy in Palmira becomes the Faculty of Agricultural Sciences, Palmira Campus, of the National
University of Colombia
1974 Creation of the National Corporation for Forestry Research and Development (CNRF)
1977 Creation of the National Sugarcane Research Center (CENICAÑA)
1985 Creation of the Banana Research Center (CENIBANANO)
1986
CIMPA: Research Agreement for the Improvement of Panela, signed between the Governments of Colombia and the Netherlands (Dutch
Cooperation)
1990 Establishment of the National Oil Palm Research Center (CENIPALMA)
1993 Creation of the Colombian Agricultural Research Corporation (CORPOICA), transformed in May 2018 into AGROSAVIA
1993 Creation of the Colombian Center for Aquaculture Research (CENIACUA)
2003
Creation of CENIRED, composed of research and development centers: CENIACUA, CENIBANANO, CENICAFÉ, CENICAÑA,
CENICEL, CENIFLORES, CENIPALMA and CONIF
2004 Creation of the Colombian Center for Innovation in Floriculture (CENIFLORES)
2012 Creation of the Cereal and Vegetable Research Center—CENICEL
2015 Creation of Science, Technology, and Agricultural Innovation Parks, Law 1753 of 2015
Source: Prepared by the authors based on the historical references of each institution.
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Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
came the stimulus for the creation of other institutions at
the state level in different regions. All together assemble
the National Agricultural Research System (SNPA), cur-
rently in force. The current structure of Brazilian agricul-
tural research is made up of public and private institutions
and a higher education system with an outstanding degree
of experience and performance, which has created a con-
solidated system in Latin America and has provided im-
portant contributions to Brazilian agriculture growth.
4. Main Entities that Carry out Agricultural
Research in Colombia and Brazil
Works such as those by Dossa and Segatto [17]
draw
attention to the four groups of organizations that carry
agricultural research in Brazil: Embrapa (linked to the
Federal Government), state public agencies (in the form
of autarchies and/or state-owned companies), universi-
ties (especially the state-funded universities), and private
companies. This item aims to evaluate the paths by which
these organizations play in Colombia and contrast them
with those that exist in Brazil.
According to Stads et al. [14]
, until 2013, 40% of the
agricultural research carried out in Colombia was done by
state-funded agencies, 20% led by the universities, and
40% by private sector entities and/or mixed-law organi-
zations (private and public). For comparative purposes,
in Brazil, in the same period, this distribution was 73%,
25%, and 2%, respectively. These data already illustrate,
at least, that the aforementioned entities play different
roles in the conduct of agricultural research in the two
countries analyzed (Colombia and Brazil).
4.1 Public Institutions Conducting Agricultural
Research: Agrosavia in Colombia versus Embra-
pa in Brazil
Among the entities with government participation dedi-
cated to agricultural research in Colombia, Agrosavia is
the largest. It is a public, decentralized, non-profit institu-
tion (in a similar mold to Embrapa). Its main function is
the generation of scientific knowledge and the develop-
ment of agricultural technologies through research, ad-
aptation, transfer of technology, and technical assistance.
Agrosavia has 21 research units, of which 13 are centers
and 8 are headquarters located in different agricultural
regions of the country (Table 2). These units carry out
research related to permanent crops (cacao and citrus, for
example), transition and agroindustry crops, fruit trees,
livestock, other crops, vegetables, and aromatic plants.
Table 2. Comparison between AGROSAVIA in Colombia and EMBRAPA in Brazil by number and type of researchers,
research centers, laboratories, portfolio, and social benefit for 2019.
AGROSAVIA EMBRAPA
Year of foundation 1993 1973
Indicators
Total number of researchers 378 2,252
Researchers with Master Degrees 211 236
Researchers with PhD Degrees 143 1,704
Other researchersA
24 312
Research centersB
21 50
Total number of laboratories 49 600
Portfolio 7 34
Social balance sheet
Technologies analyzed 26 160
Developed crops n.d. 220
Corporate shares 4 n.d.
Social profit (USD $, currency in 2020)
Social profit ($USD) $120,449,575.77 $6,695,523,028.94
Source: Prepared by the authors based on Agrosavia 2019 social report [22]
and Embrapa 2019 social report [23]
.
Notes: A
In the case of Agrosavia, professionals linked to research are included; in the case of Embrapa postdoctoral researchers
are included. B
In the case of Agrosavia there are 13 research centers and 8 headquarters; in the case of Embrapa, there are 43
decentralized units and 7 central units.
28. 24
Research on World Agricultural Economy | Volume 04 | Issue 02 | June 2023
Agrosavia also generates knowledge on the conservation
and sustainable use of biodiversity [20]
.
According to Table 2, researchers with Ph.D. and Mas-
ter’s degrees linked to Agrosavia in 2019 represented 38%
and 56%, respectively, of the total. In 2013, according to
Stads et al. [24]
, the participation of PhDs and Masters in
the same institution was 15% and 17%, respectively. De-
spite the relative improvement in the linkage of high-level
personnel during the last decade, previous years were
characterized by lower paid salaries in the public sector
combined with inefficient job promotion inside the public
research system, which led many scientists to seek other
better-paid positions, even abroad. While the increase
in the number of researchers with doctoral and master’s
degrees has been significant in Colombia over the last
decade, attracting highly qualified researchers in some
priority areas remains a challenge for agricultural research
in Colombia.
In 2019, the social return of the investments in agri-
cultural science and technology in Colombia, considering
the case of Agrosavia, was 2.15 for each monetary unit
invested (1:2.15). That is, for every Colombian peso (COP)
invested, COP$ 2.15 was generated in benefits for the
sector. The total social benefit of Agrosavia in 2019 was
USD$ 120,449,575.77, which comes from the 26 tech-
nologies analyzed, 4 corporate actions, and also includes
plant and animal genetic material, crop management rec-
ommendations, different types of protocols for production,
agricultural designs, agroindustry, and extension [22]
. These
technologies enabled the improvement of production sys-
tems in different regions of the country.
As mentioned, public agricultural research in Brazil is
carried out at the federal and state levels. The Embrapa is
the main federal entity in Brazil, with at least 50 research
centers spread over all regions and a team comprised of
2252 researchers, 76% of whom have PhDs degrees (Table
2). In Brazil, the Dominican Republic, Ecuador, Panama,
and Venezuela, the government sector hired more than
70% of agricultural researchers in each country [14]
. Em-
brapa agricultural research spectrum is also quite broad,
covering at least 34c
knowledge fields. In addition to Em-
brapa’s involvement, most Brazilian states have their own
c They include: irrigated agriculture, food, Amazon biosystem, aquacul-
ture, automation, precision and digital agriculture, advanced biotechnol-
ogy applied to agribusiness, cocoa, coffee, meat, drought in the semi-arid
region, energy, chemistry and biomass, fibers and biomass for industrial
use, forestry, temperate fruit growing, tropical fruit growing, grains,
vegetables, organizational innovation, social innovation in agriculture,
biological inputs, livestock and forestry integration, intelligence systems,
land management and monitoring, milk, rational pesticide management,
climate change, nanotechnology, agricultural nutrition, pastures, genetic
resources, animal health, plant health, environmental services, ecologi-
cally based production systems and Brazilian soils.
agricultural research entities focused on their state reali-
ties. In Brazil, Embrapa (together with state public institu-
tions and public universities) generated knowledge and
technologies for national agriculture, which enabled the
reduction in production costs and helped the country in-
crease the food supply in a sustainable manner, in addition
to reducing the value of the basic food basket by more
than 41.49% [23]
. The social return for each Brazilian mon-
etary unit (Reais) invested in Embrapa in 2019 was R$
12.29 (1:12.29), which came back to the Brazilian society
in the form of technologies, knowledge, and employment.
Embrapa generated in the country, in 2019, a social return
of USD$ 6,695,523,028.94, calculated from the economic
impacts of a sample of 160 technologies and about 220
cultivars developed by the research company and its part-
ners [23]
, showing its high efficiency and consolidation in
the exercise of agricultural research.
4.2 Regional Research and International Cooperation
Colombia has some regional organizations that conduct
agricultural research, and several of them hold coopera-
tion with other organizations inside Latin America and the
Caribbean (LAC). Among them is the Inter-American In-
stitute for Cooperation on Agriculture (IICA), which plays
a useful role in coordinating, promoting, and facilitating
sustainable agricultural development in the region. IICA
works with all the LAC countries as well as with several
centers of the Consultative Group on International Ag-
ricultural Research (CGIAR) and other regional organi-
zations. The CGIAR Consortium conducts most of the
international research in the LAC region. It participates
in agricultural research and development in the region
through three centers, including the International Center
for Tropical Agriculture (CIAT) in Colombia.
At the same time, the Agricultural Research Coopera-
tive Programs (PROCIs) comprise a series of sub-regional
mechanisms made up of a group of national agricultural
research institutes. The PROCIs focus on the development
and strengthening of institutions, the coordination of re-
search projects in several countries, and the promotion and
transfer of technology. Currently, there are four programs
running: PROCISUR (Argentina, Bolivia, Brazil, Chile,
Paraguay, and Uruguay); PROCITROPICOS (Brazil, Bo-
livia, Colombia, Ecuador, Peru, Suriname, and Venezue-
la); PROCIANDINO (Bolivia, Colombia, Ecuador, Peru,
and Venezuela); and PROCICARIBE (Caribbean) [25]
.
On the other hand, the Tropical Agricultural Teaching and
Research Center (CATIE) is an autonomous non-profit
institution focused on agricultural and rural development
and natural resource management. Member states include
Colombia, where research on rural communities and so-