Showing 1 - 10 of 1,604
We report results from a large randomized natural field experiment conducted in southwestern China in the context of insurance for sows. Our study sheds light on two important questions about microinsurance. First, how does access to formal insurance affect farmers' production decisions? Second,...
Persistent link: https://www.econbiz.de/10013150736
The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana...
Persistent link: https://www.econbiz.de/10013065210
In discussing the paradoxical violation of expected utility theory that now bears his name, Maurice Allais noted that individuals tend to “greatly value” payoffs that are certain. Allais' observation would seem to imply that people will undervalue insurance relative to the predictions of...
Persistent link: https://www.econbiz.de/10012911082
Recent evaluations of traditional microfinance loans have found no significant impacts on borrower incomes or productive activities. We examine whether this can be remedied by (a) modifying loan features to facilitate financing of working capital needs of farmers, and (b) delegating selection of...
Persistent link: https://www.econbiz.de/10013043280
Eleven percent of the Malawian population is HIV infected. Eighteen percent of sexual encounters are casual. A condom is used one quarter of the time. A choice-theoretic general equilibrium search model is constructed to analyze the Malawian epidemic. In the developed framework, people select...
Persistent link: https://www.econbiz.de/10013083407
This paper addresses the role of tropical disease in rural demography and land use rights, using data from Onchocerciasis (river blindness) control in Burkina Faso. We combine a new survey of village elders with historical census data for 1975-2006 and geocoded maps of treatment under the...
Persistent link: https://www.econbiz.de/10013078849
This paper examines a possible connection between China's massive rural to urban migration and high chemical fertilizer …-migration and fertilizer use per hectare are positively correlated. Using 2SLS, employing the opening of a Special Economic Zone in … a nearby city as an instrument, we find that village fertilizer use is linked to contemporaneous short-term out …
Persistent link: https://www.econbiz.de/10013122186
In an experiment providing fertilizer grants to women rice farmers in Mali, we found that women who received fertilizer … increased both the quantity of fertilizer they used on their plots and complementary inputs such as herbicides and hired labor … level of output, we find no evidence that profits increased. Our results suggest that fertilizer's impact on profits is …
Persistent link: https://www.econbiz.de/10013087062
While many developing-country policymakers see heavy fertilizer subsidies as critical to raising agricultural … politicized, inefficient distribution of fertilizer supply. We model farmers as facing small fixed costs of purchasing fertilizer … patient, such farmers may procrastinate, postponing fertilizer purchases until later periods, when they may be too impatient …
Persistent link: https://www.econbiz.de/10013070983
Dynamic discrete choice (DDC) models are not identified nonparametrically, but the non-identification of models does not necessarily imply the non-identification of counterfactuals. We derive novel results for the identification of counterfactuals in DDC models, such as non- additive changes in...
Persistent link: https://www.econbiz.de/10013015998