The Dynamic Effects of Cash Transfers to Agricultural Households
◈ 발표자 :박성호 (KDI School)
◈ 일 시 : 2024년 10월 16일 수요일 16:30 ~ 17:45
◈ 장 소 : 우석경제관(223동) 405호
◈ 주 관 : 경제학부, 경제연구소 한국경제혁신센터, SSK, BK21
The Dynamic Effects of Cash Transfers to Agricultural Households
Abstract:
While cash transfers increase contemporaneous consumption, little is known about the evolution and persistence of effects, especially in rural agricultural settings with limited productive investment opportunities. Using bi-monthly survey data, designed to capture high-frequency impacts among recipients of a large, unconditional cash transfer in Liberia and Malawi, we document sustained food security improvements until 1.5-2 years after disbursement, driven by increased farm investments and production. Casual off-farm labor reduced, psychological well-being improved and, in Liberia, IPV declined. We find similar increases in harvest output across different transfer sizes. Those receiving larger transfers spend more on housing and durables.