The Impact of Receiving Price and Climate Information in the Agricultural Sector

32 Pages Posted: 5 Feb 2011

See all articles by Adriana Camacho

Adriana Camacho

Universidad de los Andes, Colombia - Department of Economics

Emily Conover

Hamilton College - Economics Department

Multiple version iconThere are 2 versions of this paper

Date Written: November 11, 2010

Abstract

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.

Keywords: Randomized Evaluation, Price and Climate Information in Agriculture, Bargaining, Spillovers, SMS Technology

JEL Classification: D62, Q11, Q12, Q13

Suggested Citation

Camacho, Adriana and Conover, Emily, The Impact of Receiving Price and Climate Information in the Agricultural Sector (November 11, 2010). Documento CEDE No. 2010-40, Available at SSRN: https://ssrn.com/abstract=1755057 or http://dx.doi.org/10.2139/ssrn.1755057

Adriana Camacho (Contact Author)

Universidad de los Andes, Colombia - Department of Economics ( email )

Carrera 1a No. 18A-10
Santafe de Bogota, AA4976
Colombia

Emily Conover

Hamilton College - Economics Department ( email )

198 College Hill Road
Clinton, NY 13323
United States

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