The impact of receiving price and climate information in the agricultural sector

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...

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Autores:
Camacho González, Adriana
Conover, Emily
Tipo de recurso:
Work document
Fecha de publicación:
2010
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
eng
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/8235
Acceso en línea:
http://hdl.handle.net/1992/8235
Palabra clave:
Randomized evaluation
Price and climate information in agriculture
Bargaining
Spillovers
SMS technology
Sector agropecuario - Aspectos climáticos
Agricultura - Aspectos económicos
Precios al consumidor
D62, Q11, Q12, Q13
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
Description
Summary: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.