| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26346 |
| 来源ID | Working Paper 26346 |
| Can Microfinance Unlock a Poverty Trap for Some Entrepreneurs? | |
| Abhijit Banerjee; Emily Breza; Esther Duflo; Cynthia Kinnan | |
| 发表日期 | 2019-10-07 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Can microcredit help unlock a poverty trap for some people by putting their businesses on a different trajectory? Could the small microcredit treatment effects often found for the average household mask important heterogeneity? In Hyderabad, India, we find that “gung ho entrepreneurs” (GEs), households who were already running a business before microfinance entered, show persistent benefits that increase over time. Six years later, the treated GEs own businesses that have 35% more assets and generate double the revenues as those in control neighborhoods. We find almost no effects on non-GE households. A model of technology choice in which talented entrepreneurs can access either a diminishing-returns technology, or a more productive technology with a fixed cost, generates dynamics matching the data. These results show that heterogeneity in entrepreneurial ability is important and persistent. For talented but low-wealth entrepreneurs, short-term access to credit can indeed facilitate escape from a poverty trap. |
| 主题 | Microeconomics ; Households and Firms ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w26346 |
| 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/584017 |
| 推荐引用方式 GB/T 7714 | Abhijit Banerjee,Emily Breza,Esther Duflo,et al. Can Microfinance Unlock a Poverty Trap for Some Entrepreneurs?. 2019. |
| 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 | ||
| w26346.pdf（1680KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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