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An Assessment of Experimental Evidence on Agricultural Technology Adoption in Developing Countries

Author

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  • Jeremy R. Magruder

    (Department of Agricultural and Resource Economics, University of California, Berkeley, California 94720, USA)

Abstract

This article reviews recent results on technology adoption in developing countries, primarily from field experiments. It focuses on studies that highlight three constraints to adoption: credit, insurance, and information. Interventions supplying credit are consistently effective in spurring technology adoption for a minority of farmers, while interventions supplying insurance have had more mixed results. This review suggests that one mitigating factor on demand for both of these products is incomplete information, which adds additional uninsurable risk to the technology adoption decision. A broad group of studies identify the presence of strong informational frictions. The review concludes with some potential directions for future research.

Suggested Citation

  • Jeremy R. Magruder, 2018. "An Assessment of Experimental Evidence on Agricultural Technology Adoption in Developing Countries," Annual Review of Resource Economics, Annual Reviews, vol. 10(1), pages 299-316, October.
    • Handle: RePEc:anr:reseco:v:10:y:2018:p:299-316
    DOI: 10.1146/annurev-resource-100517-023202
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    More about this item

    Keywords

    technology adoption; field experiments; economic development;
    All these keywords.

    JEL classification:

    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets

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