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Title:	Dairy Intervention in Rural India, 2009-2012
Keywords:	HOUSEHOLDS HOUSEHOLD BUDGETS DAIRY FARMING CATTLE OWNERSHIP LIVESTOCK ASSETS CONSUMPTION HOUSEHOLD INCOME RISK CREDIT SAVINGS INSURANCE RELIGIOUS AFFILIATION RESIDENTIAL MOBILITY FAMILY MEMBERS HOUSING CONDITIONS MOTOR VEHICLES CONSUMER GOODS AGRICULTURAL EQUIPMENT STANDARD OF LIVING EXPENDITURE FOOD CLOTHING EDUCATIONAL FEES CULTURAL EXPENDITURE WAGES EMPLOYMENT FINANCIAL EXPECTATIONS FINANCIAL RESOURCES DAIRY PRODUCTS ANIMAL HUSBANDRY MILK MILK YIELDS INTERPERSONAL TRUST SOCIAL NETWORKS SOCIO-ECONOMIC STATUS ECONOMIC CONDITIONS RURAL AREAS RURAL ECONOMICS SUBSISTENCE AGRICULTURE 2009-2012 India
Description:	<P>Abstract copyright UK Data Service and data collection copyright owner.</P> This study aimed to elicit subjective expectations of investment returns and future costs from the rural poor in India, in order to model individual investment behaviour. The bulk of the literature on the issue focuses exclusively on actual outcomes and makes strong assumptions, such as rational expectations and homogeneous beliefs to proxy expectations. This project used a different approach: data on subjective expectations was elicited from respondents to a household survey, and was directly analysed. The information the agents possess and the beliefs they have determined the possible outcomes foreseen and their subjective probabilities. Examination of subjective expectations can be instructive about the accuracy of these expectations. The analysis of how investment behaviour relates to expectations is informative about the functioning of credit and insurance markets: a definition of credit market failure is the presence of expected returns above the market interest rate that do not generate investment activities. The research findings will contribute to the understanding of credit market failures and inform policies to address these.<br> <br> The household survey was conducted in Anantapur, India, a district in the state of Andhra Pradesh. Interviews were conducted in 67 villages. This study includes data from the second wave of the survey only, for which face-to-face interviews were conducted with 951 households who had been previously interviewed. Further information about the project may be found on the <a href="http://www.esrcsocietytoday.ac.uk/my-esrc/grants/RES-000-22-3461/read" title="Subjective expectation, expected investment return and investment decisions: market imperfections and misperceptions in rural India">Subjective expectation, expected investment return and investment decisions: market imperfections and misperceptions in rural India</a> ESRC award page. <br> <br> <B>Main Topics</B>:<BR> The questionnaire covered: <ul><li>baseline information (20 questions)</li><li> household roster (12 questions for each household member (up to 12))</li><li> general household characteristics (17 questions)</li><li>assets (5 questions, questions 4 and 5 asked for 35 items)</li><li>consumption (10 questions asked for 41 items)</li><li>income (12 questions, questions 1-4 asked for 14 items)</li><li> livestock (67 questions, questions 2-8 asked for 9 types of animals)</li><li>risk (4 questions)<li>credit, savings and insurance (12 questions)</li><li>information on other group or village member (18 questions).</li></ul>
URI:	https://t2-4.bsc.es/jspui/handle/123456789/63392
Other Identifiers:	10.5255/UKDA-SN-6659-2 6659 http://doi.org/10.5255/UKDA-SN-6659-2
Appears in Collections:	Cessda

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