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Constrained firms, not subsistence activities : evidence on capital returns and accumulation in Peruvian microenterprises (English)

Abstract

Authors investigate the size of returns to capital and the determinants of capital accumulation in microenterprises (MEs) in a developing country context. Marginal returns to capital are found to be well above market interest rates at low levels of capital...  See More +

Details

  • Gobel, Kristin; Grimm, Michael; Lay, Jann;
  • 2013/03/01
  • Other Social Protection Study;
  • 77928
  • 1
  • 1
  • World
  • The World Region
  • 2013/05/24
  • Disclosed
  • Constrained firms, not subsistence activities : evidence on capital returns and accumulation in Peruvian microenterprises
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