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Firm Presence, Environmental Quality, and Economic Activity: Evidence from Randomized Relocation of Small Firms

Firm location decisions are one of the most important decisions managers make, optimizing factors such as proximity to customers, suppliers, and useful information.

Working Paper
9 Aug 2023

Long-Run Enterprise Responses to Redistribution: Experimental Evidence from Kenya

We study the longer-term (5-7 year) enterprise effects of a large-scale, randomised unconditional cash transfer programme in Kenya, which can provide important insights into enterprise responses to redistribution and social protection programmes.

Research Note
8 Aug 2023

Productivity and Reallocation under Monopolistic Competition: A Micro Panel Data Analysis

This article studies the structural aggregate productivity growth (APG) decomposition with demand- and supply-side controls, determines comparative statics predictions for firms and economic outcomes, and examines patterns of input distortions.

Journal Article
5 Aug 2023

Returns to Capital for Whom? Experimental Evidence from Small Firm Owners and Workers in Ghana

We document capital contributions from workers to their employers in a representative sample of small firms.

Working Paper
1 Aug 2023

Values of Directors, Gender Diversity and Environmental, Social, and Governance Performance of Firms in the Industrial Region of Ghana

We examine gender gaps in the values of female and male directors and investigate the effect of gender diversity on Environmental, Social, and Governance (ESG) outcomes in Greater Accra—the industrial region of Ghana.

Research Note
19 Jul 2023

Characterising Competition in the Market for Agricultural Inputs in Kenya

Poor product quality plagues developing country markets, especially for goods like agricultural inputs where quality is only revealed after a farmer has used them.

Research Note
12 Jul 2023

A Survey of the Microstructure of Corporate Bond Markets in Africa

Using a mix of survey and secondary datasets on Africa, we document that banks and non-bank financial institutions account for more than 85 percent of corporate bonds issued in Africa during 2000—2020, with a market capitalization of over 80 percent of these bon

Working Paper
12 Jul 2023

Supply Chains in Times of Crisis: Evidence from Kenya’s Production Network

Trading relationships between suppliers and buyers play a key role in transmitting both local and international shocks.

Journal Article
1 Jul 2023

When Regional Policies Fail: An Evaluation of Indonesia’s Integrated Economic Development Zones

We study Indonesia’s Integrated Economic Development Zone program, which provided taxbreaks for firms locating in poorer districts.

Working Paper
1 Jul 2023

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