The two-wave interaction (at lambda = 488 nm) in strontium barium niobate c
rystals doped with cobalt ions (Co:SBN) was studied. The experimental depen
dences of the gain coefficient on the grating period and of the grating res
ponse time on the writing beam intensity were used to calculate the Debye s
creening length, the diffusion length, the dark conductivity, and the effec
tive concentration of carrier traps for a series of Co:SBN crystals with di
fferent dopant concentrations. The crystals were shown to have high couplin
g coefficients (Gamma = 33 cm(-1)) and short optical response times (tau =
140 ms for I = 1 W cm(-2)). This, in combination with a high photorefractiv
e sensitivity (S = 39 cm(2) J(-1)), determines the efficiency of their use
in the storage of optical information and in laser phase conjugation.