Tag
capital_allocation
3 findings
DevelopmentBaseline Investment Intention Realization in MicroenterprisesCapital grant recipients invested 179.3 cedis more than control firms in their baseline-specified category at Round 3 (p < 0.10), but by Round 8, total investment flows turned negative (-378.3 cedis, p < 0.10), showing no persistent asset accumulation.RCTDevelopmentCapital Deployment and Factor AllocationHigh-potential microentrepreneurs (top third ranked by peers) invested significantly more in business inventory and durable assets while decreasing household expenditure, working an additional 9.9 hours per week and 4.6 days per month compared to lower-ranked recipients.RCTDevelopmentExtensive Margin Investment JumpProviding rainfall index insurance increased the probability of planting cash crops by 6 percentage points (p = 0.041) on the extensive margin, but caused no measurable change in input investments among producers already in the top distribution tier of cash crop farming.RCT