Can basic entrepreneurship transform the economic lives of the poor?

Does the lack of capital and skills drive occupational choice and poverty? We provide evidence from a large scale and long term Randomized Control Trial of a program that simultaneously provides assets and training to the poorest women in treatment communities in rural Bangladesh. The evaluation tra...

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Príomhchruthaitheoirí:	Bandiera, Oriana, Burgess, Robin, Das, Narayan C, Gulesci, Selim, Rasul, Imran, Sulaiman, Munshi
Formáid:	Working Paper
Teanga:	en_US
Foilsithe / Cruthaithe:	BRAC Research and Evaluation Division 2022
Ábhair:	Asset transfers Capital constraints Occupational choice
Rochtain ar líne:	http://hdl.handle.net/10361/15924

id	10361-15924
record_format	dspace
spelling	10361-159242022-01-16T21:01:33Z Can basic entrepreneurship transform the economic lives of the poor? Bandiera, Oriana Burgess, Robin Das, Narayan C Gulesci, Selim Rasul, Imran Sulaiman, Munshi Asset transfers Capital constraints Occupational choice Does the lack of capital and skills drive occupational choice and poverty? We provide evidence from a large scale and long term Randomized Control Trial of a program that simultaneously provides assets and training to the poorest women in treatment communities in rural Bangladesh. The evaluation tracks 7000 eligible women over four years in treatment and control communities. We find the program transforms the occupational choices of the poor: treated women spend 92% more hours in self-employment activities and 26% fewer hours in wage employment. This shift from insecure wage labour to self-employment is associated with a 38% increase in earnings. The eligible women, who were largely asset-less and illiterate agricultural labourers at baseline, overtake the near-poor and begin to close the gap with middle-class women on dimensions such as occupational choice, the regularity of earnings, household per capita expenditure and happiness. Inculcating basic entrepreneurship, where the most disadvantaged women take on business activities which hitherto had been the preserve of non-poor women, is shown to be a powerful means of transforming the economic lives of the poor. 2022-01-16T05:44:20Z 2022-01-16T05:44:20Z 2013 2013-04 Working Paper http://hdl.handle.net/10361/15924 en_US https://bigd.bracu.ac.bd/publications/can-basic-entrepreneurship-transform-the-economic-lives-of-the-poor/ application/pdf BRAC Research and Evaluation Division
institution	Brac University
collection	Institutional Repository
language	en_US
topic	Asset transfers Capital constraints Occupational choice
spellingShingle	Asset transfers Capital constraints Occupational choice Bandiera, Oriana Burgess, Robin Das, Narayan C Gulesci, Selim Rasul, Imran Sulaiman, Munshi Can basic entrepreneurship transform the economic lives of the poor?
description	Does the lack of capital and skills drive occupational choice and poverty? We provide evidence from a large scale and long term Randomized Control Trial of a program that simultaneously provides assets and training to the poorest women in treatment communities in rural Bangladesh. The evaluation tracks 7000 eligible women over four years in treatment and control communities. We find the program transforms the occupational choices of the poor: treated women spend 92% more hours in self-employment activities and 26% fewer hours in wage employment. This shift from insecure wage labour to self-employment is associated with a 38% increase in earnings. The eligible women, who were largely asset-less and illiterate agricultural labourers at baseline, overtake the near-poor and begin to close the gap with middle-class women on dimensions such as occupational choice, the regularity of earnings, household per capita expenditure and happiness. Inculcating basic entrepreneurship, where the most disadvantaged women take on business activities which hitherto had been the preserve of non-poor women, is shown to be a powerful means of transforming the economic lives of the poor.
format	Working Paper
author	Bandiera, Oriana Burgess, Robin Das, Narayan C Gulesci, Selim Rasul, Imran Sulaiman, Munshi
author_facet	Bandiera, Oriana Burgess, Robin Das, Narayan C Gulesci, Selim Rasul, Imran Sulaiman, Munshi
author_sort	Bandiera, Oriana
title	Can basic entrepreneurship transform the economic lives of the poor?
title_short	Can basic entrepreneurship transform the economic lives of the poor?
title_full	Can basic entrepreneurship transform the economic lives of the poor?
title_fullStr	Can basic entrepreneurship transform the economic lives of the poor?
title_full_unstemmed	Can basic entrepreneurship transform the economic lives of the poor?
title_sort	can basic entrepreneurship transform the economic lives of the poor?
publisher	BRAC Research and Evaluation Division
publishDate	2022
url	http://hdl.handle.net/10361/15924
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Can basic entrepreneurship transform the economic lives of the poor?

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