Tag

rainfall_shocks

2 cards

DevelopmentRCT
Rainfall Index Insurance
Insurance provision increased the proportion of farmers planting high-return cash crops by 6 percentage points (a 12% relative increase, p=0.041), generating a 27% increase in land area sown for cash crops [9, 10].
Economics (general)RCT
Weather-Shock Selection Correction
One additional day of rainfall during the 3-day window reduced participant return probability by 20.7 percentage points (p < 0.01, chi-squared > 12.6), providing a valid instrument that eliminated non-response selection bias without affecting indoor cognitive task scores.