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Field
Abstract
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Before
Current research suggests that poverty can be a self-perpetuating process, leading to negative affective states, which in turn may constrain an individual’s ability to make favourable decisions. Findings further suggest that internal psychological constraints may hinder the take up of economic interventions. The aim of this paper is to evaluate the role of self-efficacy on the economic decision-making of farmers in Odhisa, India. We will first ask whether low self-efficacy constrains the decision-making of farmers. We then proceed to ask if self-efficacy can be positively influenced through an intervention and further, if this can change the decisions of farmers including whether they take up crop insurance; increase their agricultural practices; and raise their aspirations for the future. This paper will build on a sample of 1689 farmers from Odhisa, India and will exploit data from a randomized controlled trial conducted in June 2019.
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After
Current research suggests that poverty can be a self-perpetuating process, leading to negative affective states, which in turn may constrain an individual’s ability to make favourable decisions. Findings further suggest that internal psychological constraints may hinder the take up of economic interventions. The aim of this paper is to evaluate the role of self-efficacy on the economic decision-making of farmers in Odisha, India. We will first ask whether low self-efficacy constrains the decision-making of farmers. We then proceed to ask if self-efficacy can be positively influenced through an intervention and further, if this can change the decisions of farmers including whether they take up crop insurance; increase their agricultural practices; and raise their aspirations for the future. This paper will build on a sample of 1689 farmers from Odisha, India and will exploit data from a randomized controlled trial conducted in June 2019.
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