Cash transfers as a response to COVID-19: Experimental evidence from Kenya

We deliver one month’s average profit to a randomly selected group of female microenterprise owners in Dandora, Kenya, arriving just in advance of an exponential growth in COVID-19 cases. Relative to a control group, firms recoup about one third of their initial decline in profit, and food expenditu...

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Detalles Bibliográficos
Autores principales: Brooks, Wyatt, Donovan, Kevin, Johnson, Terence R., Oluoch-Aridi, Jackline
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2022
Materias:
Regular Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9238018/
https://www.ncbi.nlm.nih.gov/pubmed/35784379
http://dx.doi.org/10.1016/j.jdeveco.2022.102929
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author Brooks, Wyatt
Donovan, Kevin
Johnson, Terence R.
Oluoch-Aridi, Jackline
author_facet Brooks, Wyatt
Donovan, Kevin
Johnson, Terence R.
Oluoch-Aridi, Jackline
author_sort Brooks, Wyatt
collection PubMed
description We deliver one month’s average profit to a randomly selected group of female microenterprise owners in Dandora, Kenya, arriving just in advance of an exponential growth in COVID-19 cases. Relative to a control group, firms recoup about one third of their initial decline in profit, and food expenditures increase. Control profit responds to economic conditions and government announcements during our study period, and treatment effects are largest when control profit is at its lowest. PPE spending and precautionary management practices increase to mitigate the health risks of more intensive firm operation, but only among those who perceive COVID-19 as a major risk.
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spelling pubmed-92380182022-06-28 Cash transfers as a response to COVID-19: Experimental evidence from Kenya Brooks, Wyatt Donovan, Kevin Johnson, Terence R. Oluoch-Aridi, Jackline J Dev Econ Regular Article We deliver one month’s average profit to a randomly selected group of female microenterprise owners in Dandora, Kenya, arriving just in advance of an exponential growth in COVID-19 cases. Relative to a control group, firms recoup about one third of their initial decline in profit, and food expenditures increase. Control profit responds to economic conditions and government announcements during our study period, and treatment effects are largest when control profit is at its lowest. PPE spending and precautionary management practices increase to mitigate the health risks of more intensive firm operation, but only among those who perceive COVID-19 as a major risk. Elsevier B.V. 2022-09 2022-06-28 /pmc/articles/PMC9238018/ /pubmed/35784379 http://dx.doi.org/10.1016/j.jdeveco.2022.102929 Text en © 2022 Elsevier B.V. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Regular Article
Brooks, Wyatt
Donovan, Kevin
Johnson, Terence R.
Oluoch-Aridi, Jackline
Cash transfers as a response to COVID-19: Experimental evidence from Kenya
title Cash transfers as a response to COVID-19: Experimental evidence from Kenya
title_full Cash transfers as a response to COVID-19: Experimental evidence from Kenya
title_fullStr Cash transfers as a response to COVID-19: Experimental evidence from Kenya
title_full_unstemmed Cash transfers as a response to COVID-19: Experimental evidence from Kenya
title_short Cash transfers as a response to COVID-19: Experimental evidence from Kenya
title_sort cash transfers as a response to covid-19: experimental evidence from kenya
topic Regular Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9238018/
https://www.ncbi.nlm.nih.gov/pubmed/35784379
http://dx.doi.org/10.1016/j.jdeveco.2022.102929
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AT oluocharidijackline cashtransfersasaresponsetocovid19experimentalevidencefromkenya

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