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Replication Data for: Investing Cash Transfers to Raise Long-Term Living Standards

Harvard Dataverse (Africa Rice Center, Bioversity International, CCAFS, CIAT, IFPRI, IRRI and WorldFish)

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Title Replication Data for: Investing Cash Transfers to Raise Long-Term Living Standards
 
Identifier https://doi.org/10.7910/DVN/VSTFIN
 
Creator Gertler, Paul J.
Martinez, Sebastian W.
Rubio-Codina, Marta
 
Publisher Harvard Dataverse
 
Description Using data from a randomized experiment, we find that poor rural Mexican households invested part of their cash transfers from the Oportunidades program in productive assets, increasing agricultural income by almost 10 percent after 18 months of benefits. We estimate that for each peso transferred, households consume 74 cents and invest the rest, permanently increasing long-term consumption by about 1.6 cents. Results suggest that cash transfers can achieve long-term increases in consumption through investment in productive activities, thereby permitting beneficiary households to attain higher living standards that are sustained even after transitioning off the program.
 
Subject Social Sciences
 
Contributor Parrado, Andres