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Information, connections and firm performance

Bibliographic Data

ID9711986
AuthorsBrian Dillon (0000-0002-4290-2120, Cornell University), Jenny C Aker (Cornell University), Joshua E Blumenstock (0000-0002-1813-7414, University of California, Berkeley)
Year2025
Volume135
Issue670
Pages2067-2082
Publication date2025-07-28
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (PUBLISHER • GB)
DOI10.1093/ej/ueaf009
OpenAlexW4407005583
LanguageEN
Citations received1
References cited49

We study the impact of a low-cost intervention to reduce information frictions in rural markets by randomly assigning small and medium enterprises in Tanzania to be listed in a telephone directory. The listed firms expand their communication networks, increase sales and make greater use of mobile money, with positive spillovers to firms in the same village. Estimated effects are larger and more statistically precise for firms that are more productive at baseline, consistent with consumers seeking out better firms when search costs fall. We find no evidence of negative between-village spillovers on unlisted firms

Business · Economics · Corporate Finance and Governance · Culture, Economy, and Development Studies · Islamic Finance and Banking Studies

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Unique citing works1
Citations per year1
Citation span2026 - 2026 (1)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 1
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