Entrepreneurs in developing countries report that unreliable electricity imposes a serious constraint, yet little evidence exists on how blackouts impact the micro firms that account for the majority of employment. This paper estimates the effects of outages on small firms using original firm-level panel data and finds evidence of differential effects by firm size. Firms without employees experience large reductions in revenues and profits. Outages...
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DETALHES
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2019/12/19
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Documento de trabalho sobre pesquisa de políticas
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WPS9093
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1
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1
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2019/12/19
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Disclosed
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Lights Off, Lights On : The Effects of Electricity Shortages on Small Firms
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Blackout
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