ELIMINATING UNCERTAINTY IN MARKET ACCESS: THE IMPACT OF NEW BRIDGES IN RURAL NICARAGUA

We measure the impact of increasing integration between rural villages and outside labor markets. Seasonal flash floods cause exogenous and unpredictable loss of market access. We study the impact of new bridges that eliminate this risk. Identification exploits variation in riverbank characteristics...

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Veröffentlicht in:	Econometrica 2020-09, Vol.88 (5), p.1965-1997
Hauptverfasser:	Brooks, Wyatt, Donovan, Kevin
Format:	Artikel
Sprache:	eng
Schlagworte:	Access Bridge construction Bridges Equilibrium farming Floods Highway construction Households Housework Indirect effects infrastructure Labor market Risk rural labor markets Savings smoothing Uncertainty Villages Welfare
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