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Economic activity in developing countries is labor-intensive, low-scale, and family run, with substantial family managerial time spent supervising hired labor. We use a randomized control trial that subsidizes access to rental equipment markets to study the impact of the adoption of mechanized...
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networks. We first study 75 villages in Karnataka, 43 of which were exposed to microfinance after we first collected detailed …
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It is argued that the availability and judicious utilisation of funds are prerequisites for the development process of a region. Since credit is assumed to provide command over resources and facilitates to meet the needed liquidity, expansion of institutional provision of funds has been a...
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