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

28 Pages Posted: 7 Jun 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: May 2011

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 weather information using text messages (SMS technology). We find that relative to those farmers who did not receive SMS information, the farmers who did were more likely to provide market price information, had a narrower dispersion in the expected price of their crops, and had a significant reduction in crop loss. Farmers also report that text messages provide useful information, especially in regards to sale prices. We do not find, however, a significant difference between the treated and untreated farmers in the actual sale price, nor changes in farmers' revenues or household expenditures.

Suggested Citation

Camacho, Adriana and Conover, Emily, The Impact of Receiving Price and Climate Information in the Agricultural Sector (May 2011). IDB Working Paper No. IDB-WP-220, Available at SSRN: https://ssrn.com/abstract=1858036 or http://dx.doi.org/10.2139/ssrn.1858036

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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