The Impact of Receiving Price and Climate Information in the Agricultural Sector
Universidad de los Andes, Colombia - Department of Economics
Hamilton College - Economics Department
November 11, 2010
Documento CEDE No. 2010-40
Previous studies indicate that Colombian farmers make production decisions based on informal sources of information, such as family and neighbors or tradition. In this paper we randomize recipients of price and climate information using text messages (SMS technology). Under this experimental design we find that relative to those farmers who did not receive SMS information, the farmers that did had better knowledge of prices and the dispersion in the expected price of their crops was narrower, although we do not see a significant difference in the actual sale price. Farmers also report that text message information is useful and becomes an important source of information for sales. Even though we find significant reduction in crop loss in general and due to weather conditions, we do not find significant changes in their revenues or household expenditures.
Number of Pages in PDF File: 32
Keywords: Randomized Evaluation, Price and Climate Information in Agriculture, Bargaining, Spillovers, SMS Technology
JEL Classification: D62, Q11, Q12, Q13working papers series
Date posted: February 5, 2011
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo5 in 0.328 seconds