EMPIRICAL RESULTS 29
Figure 5.1 Change in the value of group-owned productive assets resulting from participation in Fadama II
Notes:
ATT and the corresponding percentage change refer to the change in productive assets resulting from participation in Fadama II compared with the corresponding group of nonbeneficiaries. Thus these values should not be interpreted as referring to the change in productive assets of the corresponding control group of nonbeneficiaries. ATT, average effect of the treatment on the treated; FII, Fadama II; LGA, local government authority.
ductive assets owned by groups and individuals benefiting from the project compared with nonbeneficiaries.
In all comparisons reported in Table 5.2, Fadama II beneficiaries saw the value of group-owned productive assets increase significantly (at a statistical significance level of p = 0.01) across all agroecological zones (except the dry savannah, where the increase was significant only at p = 0.10 for the un- clustered standard-error case), all asset terciles, and both genders. The humid forest zone recorded the largest and significant increase in the absolute value of group-owned assets, whereas the dry savannah zone—where the level of poverty is most severe—reported the lowest (and nonsignificant) increase in percentage and absolute value. The same pattern is observed in the un- matched sample results (Table 5.3).
The poorest tercile of beneficiaries (in terms of value of assets owned before project start) experienced the largest increase in group-owned pro-
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