Productivity and Welfare Effects of Nigeria's e-Voucher-Based Input Subsidy Program.

Since costs for registration, transportation, storage, procurement, and administration are likely to be significant; we took some of the cost components of the Malawi input subsidy program from Chirwa and Dorward (2013) to provide a proxy for what the costs of Nigeria’s subsidy program could be. 13 Table 10 provides benefit–cost ratios of the GES, valued at market prices and without accounting for economy-wide effects.

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