Prioritizing public investments requires information on relative returns that are difficult to derive from disparate evaluation studies. This paper presents a 'hybrid' approach that combines ex post evaluation data with an economy-wide model for experimenting ex ante with alternative investment...

We estimate the impact of Malawi's Farm Input Subsidy Programme using an economywide approach. We find potentially substantial net benefits with indirect benefits accounting for about two-fifths of total benefits. Due to these indirect benefits, the cut-off at which lower fertilizer yield...