Tag

Placebo Test

2 cards

Economics (general)RCT
Ex-Ante Input Complementarity vs. Ex-Post Harvest Labor Decoupling
Insurance significantly increases the rainfall elasticity of harvest labor demand ($\beta = 0.654, t = 2.39$), but has no statistically significant effect on planting-stage labor demand ($\beta = 0.459, t = 1.41$ or $\beta = 0.191, t = 0.48$ in placebo specifications) [19-21].
DevelopmentRCT
Stage-Specific Labor Demand Divergence
Insurance interaction with rainfall deviation increases harvest labor demand by 0.654 days per mm/day (t-stat = 2.39), while planting-stage labor demand shows no statistically significant response (0.459 days per mm/day, t-stat = 1.41; and 0.191 in full specification, t-stat = 0.48).