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Political Economy of Industrialization and Industrial Parks in Ethiopia
Kebede, Selamawit; Heshmati, Almas - 2023
This study investigates the political economy of industrialization in Ethiopia. It discusses the economic and political … used for exploring the role of political economy in Ethiopian industrialization. Different political strategies were … strategies of protectionist import substitution industrialization and the outward strategy of export-oriented industrialization …
Persistent link: https://www.econbiz.de/10014256080
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Funding Self-Employment : The Role of Consumer Credit
Kneiding, Christoph - 2011
This paper investigates whether self-employed households use consumer loans – in particular instalment loans and overdrafts – to finance business activities. Controlling for financial and non-financial household variables we show that self-employed households particularly use personal...
Persistent link: https://www.econbiz.de/10013118523
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Monitoring Costs, Credit Constraints and Entrepreneurship
Banerji, Sanjay - 2012
The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
Persistent link: https://www.econbiz.de/10013104968
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The Demand for, and Consequences of, Formalization Among Informal Firms in Sri Lanka
de Mel, Suresh - 2012
The majority of firms in most developing countries are informal. We conducted a field experiment in Sri Lanka which provided incentives for informal firms to formalize. Offering only information about the registration process and reimbursement for direct registration costs had no impact on...
Persistent link: https://www.econbiz.de/10013107733
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A Helping Hand or the Long Arm of the Law? Experimental Evidence on What Governments Can Do to Formalize Firms
de Andrade, Gustavo Henrique - 2013
Many governments have spent much of the past decade trying to extend a helping hand to informal businesses by making it easier and cheaper for them to formalize. Much less effort has been devoted to raising the costs of remaining informal, through increasing enforcement of existing regulations....
Persistent link: https://www.econbiz.de/10013081806
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Firm Size Distortions and the Productivity Distribution : Evidence from France
Garicano, Luis - 2013
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labor regulation. Our framework incorporates such regulations into the Lucas (1978) model and applies this to France where many labor laws start to bind on firms with exactly 50 or more employees....
Persistent link: https://www.econbiz.de/10013085471
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Does Forced Solidarity Hamper Investment in Small and Micro Enterprises?
Grimm, Michael - 2013
Sharing is a norm in many societies. We present a theoretical model on the trade-off between sharing and investment which we test on data from tailors in Burkina Faso. The empirical results support the idea that there are two behavioural patterns: entrepreneurs following an 'insurance regime'...
Persistent link: https://www.econbiz.de/10013085483
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Does Formality Improve Micro-Firm Performance? Quasi-Experimental Evidence from the Brazilian SIMPLES Program
Fajnzylber, Pablo - 2010
This paper employs regression discontinuity methods to identify the effect of formality on Brazilian micro-firm performance. The SIMPLES program introduced in November 1996 consolidated multiple taxes and social security contributions into a single payment and reduced taxes for eligible small...
Persistent link: https://www.econbiz.de/10013150367
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SME Policy and Firms’ Productivity in Latin America
Ibarraran, Pablo - 2009
Very little is known about the effectiveness of SME policies, and a careful look at the structure, mechanisms and … American and Caribbean countries to analyze the magnitude and determinants of the productivity gap between large and SME firms …
Persistent link: https://www.econbiz.de/10013155323
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Endogenous Monopsony and the Perverse Effect of the Minimum Wage in Small Firms
Danziger, Leif - 2009
The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...
Persistent link: https://www.econbiz.de/10013157531