Returns to capital in microenterprises: evidence from a field experiment
Returns to capital in microenterprises: evidence from a field experiment
About this item
Full title
Returns to capital in microenterprises: evidence from a field experiment
Author / Creator
Journal title
The Quarterly journal of economics, 2008-11, Vol.CXXIII (4), p.1329-1372
Language
English
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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 year), substantially higher than market interest rates. We then examine the heterogeneity of treatment effects. Returns are found to vary with entrepreneurial ability...
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Full title
Returns to capital in microenterprises: evidence from a field experiment
Authors, Artists and Contributors
Author / Creator
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Record Identifier
TN_cdi_proquest_miscellaneous_37037070
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_37037070
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ISSN
0033-5533
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