Locking Crops to Unlock Investment: Experimental Evidence on Warrantage in Burkina Faso

Abstract

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

Price risk and small farmer maize storage in Sub‐Saharan Africa: New insights into a long‐standing puzzle

“…4 Numerous recent interventions by nongovernmental organizations and researchers have provided credit and storage options to farmers, and RCTs implemented in recent years evaluate such efforts. Burke et al (2019) provide credit to farmers in Kenya; Basu and Wong (2015) distribute storage equipment to farmers in Indonesia; Aggarwal et al (2018) encourage communal maize storage in Kenya; Channa et al (2022) combine storage and credit in Tanzania; Le Cotty et al (2019) and Delavallade and Godlonton (2020) offer an inventory credit system in Burkina Faso in two separate studies. Yet these studies generally dismiss the possibility of risky returns to storage if they mention it at all.…”

Cash transfers, climatic shocks and resilience in the Sahel

“…Overall, these results highlight a first channel through which cash transfers facilitate income smoothing: households eligible for cash transfers hit by shocks early in the crop cycle intensify production, and as such are able to maintain revenues from crop sales. 34 Another potential pathway could be that cash transfers may have allowed beneficiary households to sell their harvest later in the season when prices are higher (as in Delavallade and Godlonton, 2020), though we do not have direct evidence for that channel.…”

Credit Access, Selection, and Incentives in a Market for Asset-Collateralized Loans: Evidence From Kenya

“…This loan required borrowers to secure one-third of 1. Angelucci et al (2015), Attanasio et al (2015), Augsburg et al (2015), Banerjee et al (2015aBanerjee et al ( , 2015b, Bari et al (2021), Basu and Wong (2015), Beaman et al (2014), Burke et al (2019), Cai et al (2020), Casaburi et al (2014), Crépon et al (2015), Delavallade and Godlonton (2020), Deutschmann and Tjernström (2018), Devoto et al (2012), Field et al (2013), Fink et al (2014), Fink et al (2020), Gertler et al (2021), Giné and Karlan (2006), Giné and Yang (2009), Hossain et al (2019), Kaboski and Townsend (2012), Karlan and Zinman (2010), Karlan and Zinman (2011), , Khalily et al (2010), Maazullah and Bedi (2017), Nakano and Magezi (2020), Tarozzi et al (2015).…”