The additionality impact of a matching grant programme for small firms: experimental evidence from Yemen
| Autor: | David McKenzie, Nabila Assaf, Ana Paula Cusolito |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Finance
Matching (statistics) business.industry Product innovation 050204 development studies Impact evaluation 05 social sciences Geography Planning and Development Private sector development Subsidy Development Private sector Additionality 0502 economics and business Accounting information system Economics 050207 economics business |
| Zdroj: | The Additionality Impact of a Matching Grant Program for Small Firms: Experimental Evidence from Yemen |
| ISSN: | 1943-9407 1943-9342 |
| DOI: | 10.1080/19439342.2016.1231703 |
| Popis: | Matching grants are one of the most common types of private sector development programs used in developing countries. But government subsidies to private firms can be controversial. A key question is that of additionality: do these programs get firms to undertake innovative activities that they would not otherwise do, or merely subsidize activities that would take place anyway? Randomized controlled trials can provide the counterfactual needed to answer this question, but efforts to experiment with matching grant programs have often failed. This paper uses a randomized controlled trial of a matching grant program for firms in the Republic of Yemen to demonstrate the feasibility of conducting experiments with well-designed programs, and to measure the additionality impact. In the first year, the matching grant is found to have led to more product innovation, firms upgrading their accounting systems, marketing more, making more capital investments, and being more likely to report their sales grew. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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