Decision to use herbicide in wheat production by the farm households in Nepal: A probit regression analysis

The use of herbicides in wheat production is increasing in Nepal mainly due to labor shortage and higher wage rates, even if available. However, little information is available on what factors determine the use of herbicides. This study explored the major factors that affect the decision to use herbicide by the wheat farmers. The semi-structured interview schedule was administered to 343 farmers from four major wheat-growing districts. The study employed a probit regression model to identify the factors that influenced the decision to use herbicides. Educations, membership, migration, wheat cultivated area, amount of urea use were identified as the significant factors influencing the decision of farmers to use herbicides. Herbicides user farmers produced 220 kg more wheat grain yield from one hectare of land compared to non-users. This study suggests that the wheat yield of Nepal could be increased through adopting better weed management techniques

Returns to Potato Research Investment in Nepal

Agricultural research plays a significant role in increment in productivity and contributes to food security. Very few studies on the impact of public research spending on different sectors and commodities in Nepal has been documented. This study was designed to estimate the adoption lags of improved potato varieties and benefits generated by potato improvement research in Nepal. More specifically, the study answers two basic questions: (i) whether investment in potato research is justifiable? and (ii) how long is it taking to replace old improved varieties? We took public annual potato research investments of Nepal from the Fiscal year 2001 to 2017 from Nepal Agricultural Research Council (NARC). The household survey was carried out to estimate the potato varieties coverage in Nepal in 2017. Other secondary data were sourced from the Ministry of Finance, Ministry of Agricultural and Livestock Development, FAO stat, Nepal Rastra Bank and NARC to complement the analysis. We have used a simple economic framework to estimate the benefits generated from agricultural research. The estimated benefit and cost streams were used to calculate Benefit-Cost Ratio (BCR) and Net Present Value (NPV).  Results showed that the majority of the potato researchers had done research related to crop husbandry (seed production and crop managements); while the limited number of researchers had specialized in breeding activities. The annual growth rate of potato productivity was 214.49 kg per annum per ha which had increased at the rate of 1.76 percent per annum compound growth rate. The results revealed that the average weighted age of improved potato varieties was 21.83 years and each NPR. investment on potato research has given 508 NPR. and NPR. 13760 million NPV at a 12 percent discount factor during the last 17 years. Similarly, the contribution of potato research to GDP and AGDP was found 0.323% and 0.989% respectively. Therefore, future investment and focus should be concentrated on potato research and scaling up activities, and reducing variety adoption lag to obtain additional benefits from potato research investment

Adoption of improved wheat varieties in eastern and western Terai of Nepal

The research was conducted from March to May 2019 for assessment on adoption of improved wheat varieties in two major wheat growing districts of Nepal, Sunsari, and Kailali; one representing eastern and another western Terai. A pre-tested interview schedule was used to collect the primary information; in addition, two Key Informant Surveys were performed. Furthermore, relevant literatures were reviewed for secondary information. The simple random method of sampling was used within the selected areas that were identified in consultation with Agriculture Knowledge Centre and agricultural officials of the local government. Altogether, 194 samples were taken for the purpose of the study, omitting the outliers and incomplete responses. Descriptive statistics, probit regression, and indexing were used for data analysis. Probit econometric model revealed that membership dummy (1% level), age (1% level) number of family members involved in agriculture (1% level), subsidy dummy (5% level), number of schooling years (5%) and loan dummy (10% level) significantly determined the adoption of improved wheat varieties developed after NARC establishment. Furthermore, indexing identified- lack of availability of quality improved seeds (I= 0.80) as the major problem associated with the wheat production followed by poor availability of fertilizers (0.77), labour shortage (0.57), lack of proper irrigation (0.46) and lack of agricultural machines (0.39). The government agricultural institutions should assure access to quality seeds and fertilizers to the farmers; in addition, subsidy on irrigation and agricultural machines allied with agricultural loan to the educated youths could be the point of attraction  for wheat cultivation which leads to increased wheat productivity

The Future of International Investment Regulation: Towards a World Investment Organisation?

With growth in foreign investment and in the number of companies investing in foreign countries, the application of general principles of public international law has not been deemed adequate to regulate foreign investment and there is, as yet, no comprehensive international treaty on the regulation of foreign investment. Consequently, states have resorted to bilateral investment treaties (BITs), regional trade and international investment agreements (IIAs) and free trade agreements (FTAs) to supplement and complement the regime of protection for foreign investors. In the absence of an international investment court, states hosting foreign investment or investor states have opted for investor-state dispute settlement mechanism (ISDS). This mechanism has brought about its own challenges to the international law of foreign investment due to inconsistency in the application and interpretation of the key principles of international investment law by such arbitration tribunals, and further, there is no appellate mechanism to bring about some cohesion and consistency in jurisprudence. Therefore, there are various proposals mooted by scholars to address these challenges and they range from tweaks to BITs and IIAs, the creation of an appellate mechanism and the negotiation of a multilateral treaty to proposals for reform of ISDS only. After assessing the merits and demerits of such proposals, this study goes further, arguing for the creation of a World Investment Organisation (WIO) with a standing mechanism for settlement of investment disputes in order to ensure legal certainty, predictability and the promotion of the flow of foreign investment in a sustainable and responsible manner