Log in to save to my catalogue

Erratum: Returns to Capital in Microenterprises: Evidence from a Field Experiment

Erratum: Returns to Capital in Microenterprises: Evidence from a Field Experiment

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_jstor_primary_40506233

Erratum: Returns to Capital in Microenterprises: Evidence from a Field Experiment

About this item

Full title

Erratum: Returns to Capital in Microenterprises: Evidence from a Field Experiment

Publisher

MIT Press

Journal title

The Quarterly journal of economics, 2009-02, Vol.124 (1), p.423-423

Language

English

Formats

Publication information

Publisher

MIT Press

Subjects

Subjects and topics

More information

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...

Alternative Titles

Full title

Erratum: Returns to Capital in Microenterprises: Evidence from a Field Experiment

Identifiers

Primary Identifiers

Record Identifier

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

How to access this item