Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/300981 
Year of Publication: 
2024
Series/Report no.: 
IZA Discussion Papers No. 17085
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
We examine the impact of a six-fold increase in the global vanilla price on smallholder vanilla-farming households in Madagascar. The price increase leads to sizable gains in household assets and significant improvements in adult psychological well-being, cognitive performance, and optimism about the economy. In contrast, we find no significant effects on children's health or schooling. Given substantial evidence from the literature that improvements in household economic resources can have large effects on children over the long run, the lack of shorterterm effects in this setting may reflect the time-varying nature of the impact or the need for additional complementary investments.
Subjects: 
export commodities
agriculture
human capital
crime
JEL: 
O12
O13
I15
I31
Q12
Document Type: 
Working Paper

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