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Market completeness has important implications for household behavior. I firmly reject complete markets for smallholders but am unable to do so for non-smallholders. This leads to important differences in production behavior: smallholders reallocate labor across activities less in response to...
Persistent link: https://www.econbiz.de/10012290639
access in promoting entrepreneurship among informal sector firms in India. Our results are robust to alternative … what directions? We take advantage of nationwide data collected in 2010/11 and 2015/16 by India's National Sample Survey …
Persistent link: https://www.econbiz.de/10012314972
We study the role of formal institutions of contract enforcement in facilitating investments in small and medium firms(MSME). In a framework where established entrepreneurs can enforce contracts informally using their network ties and hierarchical advantage, we argue that an efficient formal...
Persistent link: https://www.econbiz.de/10012806063
We are the first to provide a comparative empirical analysis of non-farm entrepreneurship in rural Africa, using the … variables show consistency across the sample, we also find much heterogeneity, suggesting that rural entrepreneurship is also a … identified as a priority for African countries, rural entrepreneurship continues to fulfill mainly a risk-diversifying role. This …
Persistent link: https://www.econbiz.de/10010252632
understanding of rural non-farm entrepreneurship, particularly with regard to the role of young adults in this sector. This paper …
Persistent link: https://www.econbiz.de/10010419074
transformation, will stagnate. One such endogenous driver is entrepreneurship. In this paper I start with the reappraisal of African … agriculture and focus on the literature on entrepreneurship in Africa's structural transformation. I present a conceptual model to … describe how entrepreneurship reallocates farmers out of agriculture into non-agricultural activities and locations. Recent …
Persistent link: https://www.econbiz.de/10011388301
-farming entrepreneurship. We find that more productive farming households are more likely to also engage in non-farm entrepreneurship, allocate …
Persistent link: https://www.econbiz.de/10012153418
Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of …
Persistent link: https://www.econbiz.de/10009786965
: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … newly introduces the last three to the literature. It then proposes a simple theory of skill-biased change in …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …
Persistent link: https://www.econbiz.de/10010250019
Promoting entrepreneurship has become an increasingly important part of the policy agenda in many countries. The … success of such policies, however, rests in part on the assumption that entrepreneurship outcomes are not fully determined at … background and neighborhood effects as determinants of entrepreneurship, by estimating sibling correlations in entrepreneurship …
Persistent link: https://www.econbiz.de/10011551917