This paper has two main themes. First, the author discusses how we may analyze the payoff to investments in policy-relevant agricultural data in relation to the more common practice of analyzing investments in agricultural science. Second, the author discusses the importance of sound economic data to considering food security questions and how relying on production and consumption data alone, and especially domestic production data can provide a misleading picture of food security.
View PDF here: Value of Improved Data for Agricultural Commodity Policy Analysis, with Emphasis on Food Security. Revised paper from a seminar presented by Daniel A. Sumner at the Food and Agriculture Organization of the United Nations, Rome, Italy, September 4, 2000.