The Power of Information: The ICT Revolution in Agricultural Development

Posted: 8 Oct 2014

See all articles by Eduardo Nakasone

Eduardo Nakasone

International Food Policy Research Institute (IFPRI)

Maximo Torero

International Food Policy Research Institute (IFPRI)

Bart Minten

International Food Policy Research Institute (IFPRI) - CGIAR Consortium

Date Written: November 2014

Abstract

We review the state of information and communication technologies (ICTs) and their impact on agricultural development in developing countries, documenting the rapid changes that have taken place over the past decade. Although there remains a wide gap in access between rural and urban areas, the spread of mobile phones in rural areas has led to important changes in the agricultural sector. We find that access to mobile phones has generally improved agricultural market performance at the macro level; however, impacts at the micro level are mixed. Evidence regarding the impact of market information systems (MIS) delivered through mobile phones on farm prices and income is limited, but the evidence points to strong, heterogeneous impacts. Similarly, the rollout of extension programs though ICTs is still in an early stage, and little research is available regarding such programs’ impacts.

Suggested Citation

Nakasone, Eduardo and Torero, Maximo and Minten, Bart, The Power of Information: The ICT Revolution in Agricultural Development (November 2014). Annual Review of Resource Economics, Vol. 6, Issue 1, pp. 533-550, 2014, Available at SSRN: https://ssrn.com/abstract=2507242 or http://dx.doi.org/10.1146/annurev-resource-100913-012714

Eduardo Nakasone (Contact Author)

International Food Policy Research Institute (IFPRI) ( email )

1201 Eye St, NW,
Washington, DC 20005
United States

Maximo Torero

International Food Policy Research Institute (IFPRI) ( email )

1201 Eye St, NW,
Washington, DC 20005
United States

Bart Minten

International Food Policy Research Institute (IFPRI) - CGIAR Consortium ( email )

1201 Eye St, NW,
Washington, DC 20005
United States

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