Tag

managerial_capital

2 cards

Firms & operationsRCT
High-Cost Tailored Consulting Inefficiency
Consulting increased business literacy by 0.3 questions on a 4-question quiz (0.52 standard deviations, p < 0.05), but generated an average stated income change of only 0.90 GH¢ (upper bound 95% CI of 41 GH¢ / 28% increase), which is negligible relative to the $75/hour consultant cost. Participants expressed a mean willingness-to-pay of only 5.9 GH¢ (US $4) per hour for continued consulting.
DevelopmentRCT
Rational Entrepreneurial Experimentation and Practice Reversion
Male tailors in the capital-only group experienced a further negative point estimate on income (-67.51 cedis, p < 0.10) relative to female tailors (-20.12 cedis), aligning with broader literature finding significant gender-based differences in microenterprise returns to capital.