In my opinion, randomistas do not focus on growth at all, be it level effects or growth effects.
Though to be fair there’s this short passage in Duflo’s new book on this:
while we do not know when the growth locomotive will start, if and when it does, the poor will be more likely to hop onto that train if they are in decent health, can read and write, and can think beyond their immediate circumstances. It may not be an accident that many of the winners of globalization were ex-communist countries that had invested heavily in the human capital of their populations in the communist years (China, Vietnam) or countries threatened with communism that had pursued similar policies for that reason (Taiwan, South Korea).
Also we do say that “we do not think that the things assessed by RD do not increase economic growth at all: indeed some RD health interventions increase earnings and consumption later in life, and thus do increase growth to an extent. However, evaluating whether the effect size is trivial or not should be a top priority for proponents of RD.”
In my opinion, randomistas do not focus on growth at all, be it level effects or growth effects.
Though to be fair there’s this short passage in Duflo’s new book on this:
Also we do say that “we do not think that the things assessed by RD do not increase economic growth at all: indeed some RD health interventions increase earnings and consumption later in life, and thus do increase growth to an extent. However, evaluating whether the effect size is trivial or not should be a top priority for proponents of RD.”