On the Role of Community Management in Correcting Market Failures of Rural Developing Areas: Evidence from a Randomized Field Experiment of COGES Project in Burkina Faso

Yasuyuki Sawada, Takeshi Aida, Andrew Griffen (), Harounan Kazianga, Eiji Kozuka, Haruko Nogushi and Yasuyuki Todo

No 236323, 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts from Agricultural and Applied Economics Association

Abstract: We estimate the short-term impacts of a school-based management program in Burkina Faso in a range of outcomes that include education, voluntary contribution to public goods, participation in informal saving groups, and health. Evaluated at the control average, COGES increases the voluntary contributions to public goods by 15.90%. Participation in informal saving groups increases by 0.016 percent for the lowest income group, and enrollment in school increases by 7.1%. Overall the findings are consistent with the observation that social capital, strengthened by SBM, plays a critical complementary role in correcting financial market failures in low income economies. The results also demonstrate that impact evaluation of SBM that focus only on education are likely to undervalue the overall effects of SBMS.

Keywords: Institutional and Behavioral Economics; International Development; Public Economics (search for similar items in EconPapers)
Pages: 17
Date: 2016-05-30
New Economics Papers: this item is included in nep-agr, nep-dev, nep-edu, nep-exp and nep-mfd
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea16:236323

DOI: 10.22004/ag.econ.236323

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