Unconditional Cash Transfers, Risk Attitudes And Modern Inputs Demand

Unconditional Cash Transfers, Risk Attitudes And Modern Inputs Demand

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We estimate the effects of cash transfers on modern inputs demand, while isolating the role of output risk and risk preferences in channeling these effects

4.3 звезд, основано на 32 отзывах

We employ a moments-based method to estimate farmers risk attitudes from revealed preferences through production decisions and the impact of cash transfers on modern input demand

We find that the program increases demand for risk-increasing modern inputs but this does not happen as a result of a transfer-induced reduction in farmers risk aversion.

We use data from an RCT collected for the evaluation of Zambia s Social Cash Transfer