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Agricultural Economics Research Review
Year : 2021, Volume : 34, Issue : 2
First page : ( 253) Last page : ( 265)
Print ISSN : 0971-3441. Online ISSN : 0974-0279.
Article DOI : 10.5958/0974-0279.2021.00027.6

An introduction to randomized evaluations and its application in agricultural economics

Cariappa A G Adeeth

ICAR-National Dairy Research Institute, Karnal, Haryana132 001 Email: adeeth07@gmail.com

Online published on 8 April, 2022.

Abstract

Laige-scale randomized evaluations or randomized control trials (RCT) are useful in evidence-based policymaking, but these are seldom used by agricultural economists in India. This paper discusses in detail the application of RCTs‐from agricultural technology adoption to nudging farmers to price sensitivity. It is necessary to estimate the sample size, level, and type of randomization to design and implement a randomized evaluation properly. Agricultural economists at various institutes can collaborate in conducting large-scale RCTs and evaluate the effect of interventions in different contexts. The paper also lists potential applications for RCTs in agriculture.

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Keywords

Randomized control trials (RCT), Randomized evaluation, Impact evaluation, Cost-effectiveness, Random assignment.

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