Friebel, Guido; Leinyuy, Jibirila; Seabright, Paul - In: World Development 68 (2015) C, pp. 124-135
We show that in family or household firms, credit constraints can make business investment a direct competitor to … these results controlling for endogeneity of family size, of demand conditions, and credit constraints. … educational investment. We test this theory on data collected in Cameroon. Households that are not restricted by credit …