Small entrepreneurs in poor countries achieve relatively high marginal returns to capital but show only low re-investment rates. The literature is rather inconclusive about the possible causes. The author explore whether 'forced redistribution', i.e. abusive demands by the kin, affects the allocation of capital and labor to the household firm. We use an original data set covering household firms in seven economic centers in Western Africa. The author...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2013/02/01
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Другие исследования в сфере социальной защиты
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77936
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1
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1
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2013/05/24
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Disclosed
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Kinship-ties and entrepreneurship in Western Africa
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rate of return to capital
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