| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17207 |
| 来源ID | Working Paper 17207 |
| When is capital enough to get female microenterprises growing? Evidence from a randomized experiment in Ghana | |
| Marcel Fafchamps; David McKenzie; Simon R. Quinn; Christopher Woodruff | |
| 发表日期 | 2011-07-08 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | Standard models of investment predict that credit-constrained firms should grow rapidly when given additional capital, and that how this capital is provided should not affect decisions to invest in the business or consume the capital. We randomly gave cash and in-kind grants to male- and female-owned microenterprises in urban Ghana. Our findings cast doubt on the ability of capital alone to stimulate the growth of female microenterprises. First, while the average treatment effects of the in-kind grants are large and positive for both males and females, the gain in profits is almost zero for women with initial profits below the median, suggesting that capital alone is not enough to grow subsistence enterprises owned by women. Second, for women we strongly reject equality of the cash and in-kind grants; only in-kind grants lead to growth in business profits. The results for men also suggest a lower impact of cash, but differences between cash and in-kind grants are less robust. The difference in the effects of cash and in-kind grants is associated more with a lack of self-control than with external pressure. As a result, the manner in which funding is provided affects microenterprise growth. |
| 主题 | Development and Growth ; Development |
| URL | https://www.nber.org/papers/w17207 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574882 |
| 推荐引用方式 GB/T 7714 | Marcel Fafchamps,David McKenzie,Simon R. Quinn,et al. When is capital enough to get female microenterprises growing? Evidence from a randomized experiment in Ghana. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17207.pdf（513KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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