The DOI matches its Crossref record; 28 of the 28 references it cites were found in a registry or an index.
Returns to Capital in Microenterprises: Evidence from a Field Experiment*
Abstract
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 and with household wealth, but not to vary with measures of risk aversion or uncertainty. Treatment impacts are also significantly larger for enterprises owned by males; indeed, we find no positive return in enterprises owned by females.
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Cites
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Worms: Identifying Impacts on Education and Health in the Presence of Treatment Externalities
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Quantile regression for longitudinal data
Koenker, R. (2004) · Journal of Multivariate Analysis · doi:10.1016/j.jmva.2004.05.006 · Cited by 2,177
Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems
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A Theory of Trickle-Down Growth and Development
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Cited by
The Miracle of Microfinance? Evidence from a Randomized Evaluation
Banerjee, A., Duflo, E., Glennerster, R., & Kinnan, C. (2015) · American Economic Journal: Applied Economics · doi:10.1257/app.20130533 · Cited by 2,076
Haushofer, J., & Fehr, E. (2014) · Science · doi:10.1126/science.1232491 · Cited by 1,638
The long-run poverty and gender impacts of mobile money
Suri, T., & Jack, W. (2016) · Science · doi:10.1126/science.aah5309 · Cited by 1,628
Does Management Matter? Evidence from India *
Bloom, N., Eifert, B., Mahajan, A., McKenzie, D., & Roberts, J. (2013) · The Quarterly Journal of Economics · doi:10.1093/qje/qjs044 · Cited by 1,418
Self-citationAgricultural Decisions after Relaxing Credit and Risk Constraints *
Karlan, D., Osei, R., Osei-Akoto, I., & Udry, C. (2014) · The Quarterly Journal of Economics · doi:10.1093/qje/qju002 · Cited by 1,056
Metadata
- Authors
- de Mel, S., McKenzie, D., & Woodruff, C.
- Venue
- Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2008-11
- Volume
- 123
- Issue
- 4
- Pages
- 1329-1372
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W3124626047
- Cited by
- 1,015
- References
- 28
- FWCI
- 99.75
- Type
- journal article
- Language
- en
- Open access
- closed
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- de Mel, S., McKenzie, D., & Woodruff, C. (2008). Returns to Capital in Microenterprises: Evidence from a Field Experiment*. Quarterly Journal of Economics. https://doi.org/10.1162/qjec.2008.123.4.1329
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
