Erratum: Returns to Capital in Microenterprises: Evidence from a Field Experiment
Erratum: Returns to Capital in Microenterprises: Evidence from a Field Experiment
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Publisher
MIT Press
Journal title
Language
English
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Publisher
MIT Press
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Scope and Contents
Contents
We use randomized grants to generate shocks to capital stock for a set of Sri Lankan microenterprises. We find the average real return to capital in these enterprises is 4.6%-5.3% per month (55%-63% per year), substantially higher than market interest rates. We then examine the heterogeneity of treatment effects. Returns are found to vary with entr...
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Full title
Erratum: Returns to Capital in Microenterprises: Evidence from a Field Experiment
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TN_cdi_jstor_primary_40506233
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_jstor_primary_40506233
Other Identifiers
ISSN
0033-5533
E-ISSN
1531-4650