Flood risk and differential firm investment: evidence from Dakar, Senegal

This working paper outlines a randomised experiment with small firms in Senegal.

Abstract

The author’s randomised experiment with small firms in Dakar, Senegal, decreased the cost of investment through vouchers for either cement or wooden pallets. Results suggested that coordination matters for defensive investments since uncoordinated investments can create negative spill overs for those nearby.

This paper is part of the Private Enterprise Development in Low-Income Countries (PEDL) programme.

Citation

Doruska M. ‘Flood risk and differential firm investment: evidence from Dakar, Senegal’ PEDL Working Paper, 2025

Flood risk and differential firm investment: evidence from Dakar, Senegal

Updates to this page

Published 24 October 2025