Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/227768 
Authors: 
Year of Publication: 
2020
Series/Report no.: 
DIW Discussion Papers No. 1920
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
Most microenterprises barely grow beyond subsistence level, as profitable investments are not realized due to barriers like credit, savings, and managerial constraints. Using panel data, this study identifies subgroups that would benefit by an intervention aiming to alleviate constraints. Two obstacles are associated with lower investments: saving with others and no record keeping. Analyzing the effects for subgroups shows that for lower and medium educated, both obstacles are associated with lower investments. The analysis does not allow for drawing causal conclusions, results underpin that interventions aiming to reduce savings or managerial constraints could be effective when targeting the correct subgroups.
Subjects: 
Entrepreneurship
Investment
Credit Constraints
Savings Constraints
Managerial Constraints
JEL: 
D22
D25
O12
O16
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.