Full Length Research Paper
Abstract
This paper utilizes the Economic Surplus Model (ESM) to provide an ex-post evaluation of the economic impact of drought tolerant hybrid maize technology in Kenya. Results indicate that the adoption of DroughtTEGO® varieties will generate economic benefit to producers with a net present value of US$ 2.1 billion over a 20-year period. These benefits are sustainable when adoption levels remain above 32% and yield advantage at least 21% over the commercial hybrids. These results present a compelling reason for investing in development, deployment and upscaling of the technology to mitigate the effects of drought among maize producers in Africa.
Key words: Adoption, climate-smart, DroughtTEGO®, drought mitigation, economic impact, economic-surplus model.
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