WLD_2008-2014_BPSFDC_v01_M
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DDI_WLD_2008-2014_BPSFDC_v01_M_WB
Development Data Group
2016-03-14
Nesstar Publisher
v01 (March 2016)
WLD_2008-2014_BPSFDC_v01_M
--
--
Business Practices in Small Firms in Developing Countries 2008-2014
BPSFDC 2008-14
WLD_2008-2014_BPSFDC_v01_M
David McKenzie
Christopher Woodruff
Nesstar Publisher
Knowledge for Change Trust Fund
David McKenzie
DECRG: Finance & Priv Sec Devt
Enterprise Survey
World
Bangladesh, Chile, Ghana, Kenya, Mexico, Nigeria, and Sri Lanka
Firm
Sample survey data [ssd]
Computer Assisted Personal Interview [capi]
Stata replication do-files used for "Business Practices in Small Firms in Developing Countries" report by David McKenzie and Christopher Woodruff and Stata do-files showing how the published dataset was constructed from the raw survey data files, are available in external resources.
The user of the data acknowledges that the original collector of the data, the authorized distributor of the data, and the relevant funding agency bear no responsibility for use of the data or for interpretations or inferences based upon such uses.
BusinessPracticesReplicationdata.NSDstat
Anonymized dataset on business practices for all countries and firms
44579
111
Nesstar 200801
Survey weight
1725
42854
3.97
859.59
Sector is manufacturing
35281
9298
0
29304
1
5977
Sysmiss
9298
Sector is services
35817
8762
0
24416
1
11401
Sysmiss
8762
Sector is trade
35281
9298
0
19689
1
15592
Sysmiss
9298
Owner is male
35789
8790
0
18013
1
17776
Sysmiss
8790
Age of owner
35053
9526
3
90
Years of education of owner
35075
9504
0
25
Digitspan recall
34739
9840
0
478
1
528
2
2003
3
3448
4
4954
5
6442
6
7216
7
5391
8
2583
9
980
10
391
11
325
Sysmiss
9840
Firm age (years)
34609
9970
0
208
Number of paid workers
33315
11264
0
2330
Value of inventories
22805
21774
0
400000000
Firm identification number
44368
211
1
41130027
Bangladesh country dummy
44579
0
0
42854
1
1725
Survey round
44579
0
1
20484
2
8701
3
2282
4
1954
5
1960
6
1534
7
1533
8
1532
9
1533
10
1533
11
1533
Ownership Status
8409
36170
1
7483
2
491
3
361
4
65
5
5
7
4
Sysmiss
36170
Hours worked by owner in last week
33114
11465
0
150
Owner started business themselves
23135
21444
0
2690
1
20445
Sysmiss
21444
Sales in the last month
38957
5622
0
190000000
Sales in the last year
5919
38660
0
1860000000
Monthly profit
39436
5143
-119350
45000000
Registered at Municipal Level
35125
9454
0
24695
1
10430
Sysmiss
9454
Registered for national taxes
31593
12986
0
21145
1
10448
Sysmiss
12986
Capital stock
31844
12735
-365231.469
16199999488
Marketing 1: Visited competitor's business to see prices
Visited at least one of its competitor’s businesses to see what prices its competitors are charging
M1 and M2 are coded as zero if the firm says it has no competitors.
38487
6092
0
No
18569
1
Yes
19918
Sysmiss
6092
Marketing 2: Visited competitor's business to see products
Visited at least one of its competitor’s businesses to see what products its competitors have available for sale
M1 and M2 are coded as zero if the firm says it has no competitors.
38451
6128
0
No
20491
1
Yes
17960
Sysmiss
6128
Marketing 3: Asked existing customers what other products they should offer
Asked existing customers whether there are any other products the customers would like the business to sell or produce
38472
6107
0
No
18317
1
Yes
20155
Sysmiss
6107
Marketing 4: Talked with former customer to see why stopped buying
Talked with at least one former customer to find out why former customers have stopped buying from this business
M4 is coded as zero if the firm says it has no former customers.
38459
6120
0
No
25393
1
Yes
13066
Sysmiss
6120
Marketing 5: Asked supplier what products selling well
Asked a supplier about which products are selling well in this business’ industry
38172
6407
0
No
22313
1
Yes
15859
Sysmiss
6407
Marketing 6: Used a special offer to attract customers
Attracted customers with a special offer
38494
6085
0
No
27075
1
Yes
11419
Sysmiss
6085
Marketing 7: Have done advertising in last 6 months
Advertised in any form (last 6 months)
38496
6083
0
No
31931
1
Yes
6565
Sysmiss
6083
Buying & Stock Control 1: negotiate for lower price
Attempted to negotiate with a supplier for a lower price on raw material
38140
6439
0
No
15981
1
Yes
22159
Sysmiss
6439
Buying & Stock Control 2: compare alternate suppliers
Compared the prices or quality offered by alternate suppliers or sources of raw materials to the business’ current suppliers or sources of raw material
38438
6141
0
No
16277
1
Yes
22161
Sysmiss
6141
Buying & Stock Control 3: Don't run out of stock frequently
The business does not run out of stock monthly or more (coded as one if the business has no stock)
38208
6371
0
No
11299
1
Yes
26909
Sysmiss
6371
Costing & Record Keeping 1: Keep written records
Keeps written business records
38468
6111
0
No
20435
1
Yes
18033
Sysmiss
6111
Costing & Record Keeping 2: record every purchase and sale
Records every purchase and sale made by the business
28296
16283
0
No
17505
1
Yes
10791
Sysmiss
16283
Costing & Record Keeping 3: can use records to know cash on hand
Able to use records to see how much cash the business has on hand at any point in time
37963
6616
0
No
23467
1
Yes
14496
Sysmiss
6616
Costing & Record Keeping 4: use records to know whether sales of product increas
Uses records regularly to know whether sales of a particular product are increasing or decreasing from one month to another
37922
6657
0
No
24482
1
Yes
13440
Sysmiss
6657
Costing & Record Keeping 5: worked out cost of each main product
Works out the cost to the business of each main product it sells
37273
7306
0
No
12717
1
Yes
24556
Sysmiss
7306
Costing & Record Keeping 6: know which goods make most profit per item
Knows which goods you make the most profit per item selling
38482
6097
0
No
6534
1
Yes
31948
Sysmiss
6097
Costing & Record Keeping 7: have a written budget for monthly expenses
Has a written budget, which states how much is owed each month for rent, electricity, equipment maintenance, transport, advertising, and other indirect costs to business
38465
6114
0
No
27627
1
Yes
10838
Sysmiss
6114
Costing & Record Keeping 8: have records that could document ability to pay to b
Has records documenting that there exists enough money each month after paying business expenses to repay a loan in the hypothetical situation that this business wants a bank loan
38429
6150
0
No
25141
1
Yes
13288
Sysmiss
6150
Financial Planning 1: review financial performance monthly
Review the financial performance of their business and analyze where there are areas for improvement at least monthly
38309
6270
0
No
23979
1
Yes
14330
Sysmiss
6270
Financial Planning 2: have sales target for next year
Has a target set for sales over the next year
38517
6062
0
No
22220
1
Yes
16297
Sysmiss
6062
Financial Planning 3: compare sales goal to target monthly
Compares their sales achieved to their target at least monthly
38270
6309
0
No
27872
1
Yes
10398
Sysmiss
6309
Financial Planning 4: have a budget of costs for next year
Has a budget of the likely costs their business will have to face over the next year
38483
6096
0
No
29906
1
Yes
8577
Sysmiss
6096
Financial Planning 5: prepare profit and loss statement
Has an annual profit and loss statement
31267
13312
0
No
24412
1
Yes
6855
Sysmiss
13312
Financial Planning 6: prepare cashflow statement
Has an annual statement of cash flow
31235
13344
0
No
29158
1
Yes
2075
2
2
Sysmiss
13344
Financial Planning 7: prepare balance sheet
Has an annual balance sheet
31218
13361
0
No
29723
1
Yes
1493
2
2
Sysmiss
13361
Financial Planning 8: prepare income and expenditure statement
Has an annual income/expenditure sheet
31267
13312
0
No
26321
1
Yes
4944
2
2
Sysmiss
13312
Percent of sales from within small local area
1621
42958
2
100
Number of firms in same business line in your area
19592
24987
0
7000
Most important competitor is located within 1 km of business
18935
25644
0
5137
1
13798
Sysmiss
25644
Would take less than a day for customer to replace you
3782
40797
0
2111
1
1671
Sysmiss
40797
Detailed industry code
24210
20369
1
9309
Market exchange rate to USD (divide by this to get USD)
44579
0
1.41
469
Father owned a business
19954
24625
0
11356
1
8598
Sysmiss
24625
Mother owned a business
19953
24626
0
17299
1
2654
Sysmiss
24626
Sri Lanka country dummy
44579
0
0
24637
1
19942
Discount rate 5 months vs 6 months (higher = more impatient)
20880
23699
-8.5
1
-8
4
-7
2
-6
3
-5
1
-4
26
-3.5
1
-3
5
-2
3
-1.5
1
-1
5
-0.899999976158142
1
-0.5
9
-0.400000005960464
1
-0.200000002980232
1
-0.00600000005215406
1
0
1306
0.00100000004749745
32
0.0020000000949949
1
0.00249999994412065
21
0.00499999988824129
28
0.00999999977648258
958
0.0149999996647239
9
0.0199999995529652
1061
0.025000000372529
39
0.0299999993294477
530
0.0399999991059303
373
0.0500000007450581
3344
0.0599999986588955
393
0.0700000002980232
195
0.0750000029802322
30
0.0799999982118607
341
0.0900000035762787
162
0.100000001490116
3631
0.109999999403954
176
0.119999997317791
112
0.125
30
0.129999995231628
108
0.140000000596046
33
0.150000005960464
862
0.159999996423721
37
0.170000001788139
11
0.180000007152557
66
0.189999997615814
24
0.200000002980232
1693
0.209999993443489
78
0.219999998807907
109
0.239999994635582
31
0.25
382
0.259999990463257
24
0.270000010728836
22
0.275000005960464
11
0.280000001192093
33
0.300000011920929
604
0.310000002384186
14
0.319999992847443
33
0.330000013113022
22
0.340000003576279
11
0.349999994039536
71
0.400000005960464
417
0.409999996423721
34
0.419999986886978
1
0.430000007152557
1
0.439999997615814
11
0.444999992847443
1
0.449999988079071
5
0.46000000834465
2
0.479999989271164
11
0.5
2209
0.509999990463257
28
0.519999980926514
30
0.550000011920929
43
0.589999973773956
11
0.600000023841858
152
0.649999976158142
11
0.699999988079071
148
0.709999978542328
13
0.75
24
0.800000011920929
118
0.899999976158142
153
0.901000022888184
1
0.9200000166893
2
0.925000011920929
11
0.949999988079071
5
0.959999978542328
1
0.980000019073486
1
0.999199986457825
317
1
3
Sysmiss
23699
Hyperbolic discounter
20629
23950
0
14289
1
6340
Sysmiss
23950
Raven test score
32037
12542
0
1973
1
3697
2
4568
3
4521
4
3724
5
3448
6
3017
7
2591
8
1833
9
1352
10
810
11
339
12
164
Sysmiss
12542
Business is surviving
24602
19977
0
2464
1
22138
Sysmiss
19977
Randomly Assigned to Training Treatment
22380
22199
0
14559
1
7821
Sysmiss
22199
Attends Business Training after being assigned
5916
38663
0
3963
1
1953
Sysmiss
38663
Received a treatment other than training
18843
25736
0
8459
1
10384
Sysmiss
25736
Intervention_Grp1
10835
33744
1
savings
4843
2
training
3808
3
wage subs
2184
Sysmiss
33744
Intervention_Grp2
6463
38116
1
savings
0
2
training
1307
3
wage subs
5156
Sysmiss
38116
Sum of hours worked by paid workers, normal week
8678
35901
0
2300
Sri Lankan booster sample
1598
42981
1
Yes
830
2
No
768
Sysmiss
42981
Business SIC code
16464
28115
11
930
number of paid workers, 1st year
16464
28115
0
12760
1
2031
2
1450
3
117
4
53
5
42
12
11
Sysmiss
28115
Raven C score
14507
30072
0
813
1
1423
2
1989
3
1786
4
1526
5
1453
6
1623
7
1522
8
1221
9
603
10
394
11
121
12
33
Sysmiss
30072
Audit of Buying & Stock Control 1: negotiate for lower price
334
44245
0
179
1
155
Sysmiss
44245
Audit of Buying & Stock Control 2: compare alternate suppliers
334
44245
0
146
1
188
Sysmiss
44245
Audit of Buying & Stock Control 3: Don't run out of stock frequently
334
44245
0
64
1
270
Sysmiss
44245
Audit of Costing & Record Keeping 1: Keep written records
335
44244
0
192
1
143
Sysmiss
44244
Audit of Costing & Record Keeping 2: record every purchase and sale
334
44245
0
200
1
134
Sysmiss
44245
Audit of Costing & Record Keeping 3: can use records to know cash on hand
334
44245
0
230
1
104
Sysmiss
44245
Audit of Costing & Record Keeping 4: use records to know whether sales of produc
335
44244
0
239
1
96
Sysmiss
44244
Audit of Costing & Record Keeping 5: worked out cost of each main product
335
44244
0
143
1
192
Sysmiss
44244
Audit of Costing & Record Keeping 6: know which goods make most profit per item
335
44244
0
87
1
248
Sysmiss
44244
Audit of Costing & Record Keeping 7: have a written budget for monthly expenses
335
44244
0
279
1
56
Sysmiss
44244
Audit of Costing & Record Keeping 8: have records that could document ability to
335
44244
0
256
1
79
Sysmiss
44244
Audit of Financial Planning 1: review financial performance monthly
335
44244
0
288
1
47
Sysmiss
44244
Audit of Financial Planning 2: have sales target for next year
335
44244
0
242
1
93
Sysmiss
44244
Audit of Financial Planning 3: compare sales goal to target monthly
335
44244
0
310
1
25
Sysmiss
44244
Audit of Financial Planning 4: have a budget of costs for next year
335
44244
0
290
1
45
Sysmiss
44244
Audit of Financial Planning 5: prepare profit and loss statement
200
44379
0
191
1
9
Sysmiss
44379
Audit of Financial Planning 6: prepare cashflow statement
200
44379
0
200
Sysmiss
44379
Audit of Financial Planning 7: prepare balance sheet
200
44379
0
199
1
1
Sysmiss
44379
Audit of Financial Planning 8: prepare income and expenditure statement
200
44379
0
193
1
7
Sysmiss
44379
Audit of Marketing 1: Visited competitor's business to see prices
332
44247
0
134
1
198
Sysmiss
44247
Audit of Marketing 2: Visited competitor's business to see products
330
44249
0
149
1
181
Sysmiss
44249
Audit of Marketing 3: Asked existing customers what other products they should o
335
44244
0
164
1
171
Sysmiss
44244
Audit of Marketing 4: Talked with former customer to see why stopped buying
333
44246
0
271
1
62
Sysmiss
44246
Audit of Marketing 5: Asked supplier what products selling well
327
44252
0
246
1
81
Sysmiss
44252
Audit of Marketing 6: Used a special offer to attract customers
335
44244
0
195
1
140
Sysmiss
44244
Audit of Marketing 7: Have done advertising in last 6 months
335
44244
0
179
1
156
Sysmiss
44244
Sri Lanka SME sample
471
44108
1
471
Sysmiss
44108
Nigeria country dummy
44579
0
0
40045
1
4534
Sector is crop and animal
1757
42822
0
1451
1
306
Sysmiss
42822
Sector is other
1757
42822
0
1321
1
436
Sysmiss
42822
3 digit SIC code for business sector
1723
42856
112
9700
Winner in business plan competition
1757
42822
0
891
1
866
Sysmiss
42822
Kenya Country Dummy
44579
0
0
37505
1
7074
Ghana more detailed business type
332
0
Agriculture, hunting and forestry
12
Construction
17
Electricity, gas and water supply
1
Financial intermediation
6
Fishing
2
Hotels and restaurants
16
Manufacturing
79
Real estate, renting and business activities
41
Transport, storage and communications
11
Wholesale and retail trade; repair of vehicles, personal goods and household goods
147
Treated in Ghana
140
44439
0
70
1
70
Sysmiss
44439
Ghana dummy variable
44579
0
0
43708
1
871
Chile country dummy
44579
0
0
44421
1
158
Mexico dummy variable
44579
0
0
34304
1
10275
Country
44579
0
Bangladesh
1725
Chile
158
Ghana
871
Kenya
7074
Mexico
10275
Nigeria
4534
Sri Lanka
19942