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This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011571943
We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a licence...
Persistent link: https://www.econbiz.de/10003328066
influential factors on the shadow economy and/or shadow labor force are tax policies and state regulation, which, if they rise … ; shadow labor force ; tax morale ; tax pressure ; state regulation ; labor market …
Persistent link: https://www.econbiz.de/10009533973
formal sector wage premium. The opposite is true for labor market regulation. Finally, we show that the so-called overhiring …
Persistent link: https://www.econbiz.de/10009230678
microfinance type based on the major factors determining micro, small and medium enterprises' access to credit from microfinance … institutions in the era of financial liberalization. The data for the study were gleaned from fourteen microfinance institutions … rationing is not influenced by the microfinance types but by the individual microfinance institutions. …
Persistent link: https://www.econbiz.de/10010510572
Do constraints to technology adoption vary by behavioral traits? We randomize 150 villages in Bangladesh into being offered standard microcredit, loans with a grace period, the choice between those two contracts, and control. No discernible average effects are detected on the adoption of...
Persistent link: https://www.econbiz.de/10012266255
The study aims at testing the Ghana Microfinance Policy set up to support the vulnerable through access to credit. We … entrepreneurs in the rationing behavior of the microfinance companies. This is what we should expect if the policy is effective. Our … results show that even after controlling for a large number of borrower characteristics, microfinance type and credit …
Persistent link: https://www.econbiz.de/10011580565
Improving productivity among microenterprises is important, especially in low-income countries where market imperfections are pervasive, and resources are scarce. Relaxing credit constraints can increase the productivity of microenterprises. Using a field experiment involving agricultural...
Persistent link: https://www.econbiz.de/10012058453
The global microfinance movement is driven by the claim that once poor micro-entrepreneurs are provided access to … substantiate this claim. This paper reports on a field experiment conducted in Pakistan, in co-operation with Akhuwat microfinance … microfinance institutions in Pakistan. …
Persistent link: https://www.econbiz.de/10011731845
Is the vast army of the self-employed in low income countries a source of employment generation? We use data from surveys in Sri Lanka to compare the characteristics of own account workers (non-employers) with wage workers and with owners of larger firms. We use a rich set of measures of...
Persistent link: https://www.econbiz.de/10003719625