Do taxes affect firm-to-firm trade? Evidence from India

Taxes affect which domestic suppliers firms choose to trade with in India, leading to less within-country trade and firm growth...

China’s 2009 VAT reform and lumpy investment behaviour

Tax policies that reduce firm inaction are more effective at stimulating investment than policies that simply lower the cost of investment...

The politics of order in informal markets: Evidence from Lagos

In the absence of the threat of state interference, leaders of private trader associations may extort from their own traders...

Pathways to profits: Can entrepreneurship training really work for small businesses?

Evidence from South Africa shows that both marketing and financial entrepreneurship training can help small businesses boost profits...

Should low-income countries open up to foreign capital? The India experiment

Better access to foreign capital reduces misallocation and stimulates growth, with the highest gains where local capital markets are least developed...

Managerial quality and productivity dynamics

Manager characteristics matter for productivity, but Indian garment manufacturers may not know what constitutes good management or how valuable it is ...