We study the impacts of a rural development program designed to boost the income of the
small-farm sector in Nicaragua. Exploiting the random assignment of treatment, we find
statistically and economically significant impacts on gross farm income and investment in
productive farm capital. Using continuous treatment estimation techniques, we examine the
evolution of program impacts over time and find that the estimated income increase persists
and that the impacts on productive capital stock continue to rise even after the program …

We study the impacts of a rural development program designed to boost the income of the
small farm sector in Nicaragua. Exploiting the random assignment of treatment, we find
statistically and economically significant impacts on gross farm income and investment in
productive farm capital. Using continuous treatment estimation techniques, we examine the
evolution of program impacts over time and find that the estimated income increase persists
and that the impacts on productive capital stock continue to rise even after the program …