Locking crops to unlock investment: Experimental evidence on warrantage in Burkina Faso

A-Tier
Journal: Journal of Development Economics
Year: 2023
Volume: 160
Issue: C

Authors (2)

Delavallade, Clara (not in RePEc) Godlonton, Susan (Williams College)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Warrantage is an innovative model of rural finance with the potential to overcome credit, crop storage, and behavioral constraints through a localized inventory credit system. Using a randomized controlled trial varying household level access to warrantage, we measure its impacts among households interested in participating. Among treated households, take-up of storage is high, while credit take-up is moderate. Treated households primarily store grains sell their production over an extended period, at a time when prices are higher resulting in higher sales revenue. Increased incomes are spent on long-term investments, including education, livestock, and agricultural inputs for the subsequent year.

Technical Details

RePEc Handle
repec:eee:deveco:v:160:y:2023:i:c:s0304387822001031
Journal Field
Development
Author Count
2
Added to Database
2026-01-25