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BEGIN:VEVENT
UID:20251109T062913EST-9622t3iNTF@132.216.98.100
DTSTAMP:20251109T112913Z
DESCRIPTION:'Money (Not) to Burn: Payments for Ecosystem Services to Reduce
  Crop Residue Burning'\n\nSeema Jayachandran (Princeton)\n	February 24\, 20
 23\, 3:30 to 5:00 PM\n	Leacock 429\n\nHost: Sonia Laszlo\n	Field: Devo\n\nAb
 stract:\n	Particulate matter significantly reduces life expectancy in India
 . We use a randomized controlled trial in the Indian state of Punjab to ev
 aluate the effectiveness of conditional cash transfers (also known as paym
 ents for ecosystem services\, or PES) in reducing crop residue burning\, w
 hich is a major contributor to the region’s poor air quality. Credit const
 raints and distrust may make farmers less likely to comply with standard P
 ES contracts\, which only pay the participant after verification of compli
 ance. We randomize paying a portion of the money upfront and unconditional
 ly. Despite receiving a lower reward for compliance\, farmers offered part
 ial upfront payment are 8-12 percentage points more likely to comply than 
 are farmers offered the standard contract. Burning measures derived from s
 atellite imagery indicate that PES with upfront payments significantly red
 uced burning\, while standard PES payments were inframarginal. We also sho
 w that PES with an upfront component is a cost-effective way to improve In
 dia’s air quality.\n
DTSTART:20230224T203000Z
DTEND:20230224T220000Z
LOCATION:Room 429\, Leacock Building\, CA\, QC\, Montreal\, H3A 2T7\, 855 r
 ue Sherbrooke Ouest
SUMMARY:Seema Jayachandran (Princeton)\, 'Money (Not) to Burn:  Payments fo
 r Ecosystem Services to Reduce Crop Residue Burning'
URL:/economics/channels/event/seema-jayachandran-princ
 eton-money-not-burn-payments-ecosystem-services-reduce-crop-residue-burnin
 g-340426
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