{"id":58002,"date":"2021-12-08T13:56:27","date_gmt":"2021-12-08T13:56:27","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=event&#038;p=58002"},"modified":"2022-03-09T13:54:37","modified_gmt":"2022-03-09T13:54:37","slug":"seema-jayachandran-northwestern-university","status":"publish","type":"event","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/seema-jayachandran-northwestern-university\/","title":{"rendered":"Money (Not) to Burn: Payments for Ecosystem Services to Reduce Crop Residue Burning | Seema Jayachandran"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Seema Jayachandran is a Professor of Economics at Northwestern University.&nbsp;She will be discussing her paper: <em>Money (Not) to Burn: Payments for Ecosystem Services to Reduce Crop Residue Burning<\/em>.<\/p>\n\n\n\n<p><strong>Abstract<\/strong><\/p>\n\n\n\n<p>Payments for ecosystem services &ndash; and conditional cash transfers more broadly &ndash; encourage specific behaviors by rewarding participants who undertake the behaviors. However, incomplete markets and weak institutions, which are common in developing countries, can hinder program effectiveness. If compliance entails a monetary cost, then a credit constrained household might not be able to comply. In addition, lack of trust that the payments will be made as promised can deter compliance. In both cases, upfront payments have some advantages. We use a randomized controlled trial to understand how effectively cash transfers can reduce agricultural residue burning in the north Indian state of Punjab. We randomize paying a portion of the cash transfer upfront (unconditionally). Despite lower marginal payments for compliance, farmers in PES programs that offer some of the payment upfront reduce burning by significantly more than those in a standard PES program.<\/p>\n\n\n\n<p>Please email&nbsp;<a href=\"mailto:gri.events@lse.ac.uk\"><strong>gri.events@lse.ac.uk<\/strong><\/a>&nbsp; to request the Zoom joining details for this workshop by by 5pm on Tuesday, 15<sup>th<\/sup>&nbsp;March 2022.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Seema Jayachandran is a Professor of Economics at Northwestern University.&nbsp;<\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[],"event-type":[35],"topic_area":[],"class_list":["post-58002","event","type-event","status-publish","hentry","event-type-research-seminar-series"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"start_date":{"ref_value":"field_52f56b18a98ba","value":"20220316","type":false,"post_type":""},"start_time":{"ref_value":"field_52f56b33a98bb","value":"12:30:00","type":false,"post_type":""},"end_date":{"ref_value":"field_52f56bb58f239","value":"20220316","type":false,"post_type":""},"end_time":{"ref_value":"field_52f56bd38f23a","value":"14:00:00","type":false,"post_type":""},"event_venue":{"ref_value":"field_531c65c575d35","value":"Online (via Zoom)","type":false,"post_type":""},"location":{"ref_value":"field_559cf9dc612b6","value":"","type":false,"post_type":""},"external_speaker":{"ref_value":"field_5374dcb208782","value":"","type":false,"post_type":""},"eventbrite_link":{"ref_value":"field_52f59e0b20728","value":"","type":false,"post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["seema-jayachandran-northwestern-university"],"type":"relationship","post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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