Decoupled but Not Neutral: The Effects of Counter-Cyclical Cash Transfers on Investment and Incomes in Rural Thailand†
In 2009, the Thai government implemented a price insurance scheme for rice, cassava, and maize farmers. The program, which was abandoned after only two years, added to the incomes of registered farmers a non-negative but stochastic amount that was decoupled from farmers' agricultural activities...
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Format: | Article |
Language: | English |
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John Wiley and Sons Inc
2021
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Online Access: | View Fulltext in Publisher |