Experimental Evidence on Returns to Capital and Access to Finance in Mexico
A strong theoretical argument for focusing on access to finance is that financial market imperfections can result in large inefficiencies, as firms with productive investment opportunities underinvest. Lack of access to finance is a frequent complaint of microenterprises, which account for a large s...
Main Authors: | McKenzie, David, Woodruff, Christopher |
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Format: | Journal Article |
Published: |
World Bank
2012
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/4488 |
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