This presentation took place in University of California Davis, United States describing a three-year research project promoting smallholders to purchase index insurance contracts via coupled credit in Ghana.
Social programs began on the notion that their beneficiaries will change some behavior (perhaps due to improved incentives or new knowledge gained during the intervention) pose unique challenges for impact evaluation. Nevertheless, it is difficult to determine when the treatment and control groups should be compared, i.e. when the program in question should be evaluated. This papers explores challenges revolving around these issues.
This study uses a randomized experiment to investigate 1) the role of crop-price risk in reducing demand for credit among farmers and 2) how risk mitigation changes farmers’ investment decisions.