When is capital enough to get female enterprises growing ? evidence from a randomized experiment in Ghana (English)

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. The authors randomly gave cash and in-kind grants to male- and female-owned microenterprises in urban Ghana. Their findings cast doubt on the ability of capital alone to stimulate the growth of female microenterprises...

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Author

Fafchamps,Marcel;

Mckenzie,David J.;

Quinn,Simon Redmond;

Woodruff,Christopher Marshall;
Document Date
2011/06/01
Document Type
Policy Research Working Paper
Report Number
WPS5706
Volume No
1
Total Volume(s)
1
Country
Ghana,
Region
Western and Central Africa,
Disclosure Date
2011/06/01
Disclosure Status
Disclosed
Doc Name
When is capital enough to get female enterprises growing ? evidence from a randomized experiment in Ghana
Keywords
Finance & Private Sector Development

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Citation

Fafchamps,Marcel; Mckenzie,David J.; Quinn,Simon Redmond; Woodruff,Christopher Marshall.

When is capital enough to get female enterprises growing ? evidence from a randomized experiment in Ghana (English). Policy Research working paper ; no. WPS 5706 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/651731468253176197

When is capital enough to get female enterprises growing ? evidence from a randomized experiment in Ghana (English)

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