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Entrepreneurship and Cities: Evidence from the Post-communist World
Belitski, Maksim; Korosteleva, Julia - 2011
This paper investigates the variation in entrepreneurship across cities of the Commonwealth of Independent States … suggest that banking reform facilitates entrepreneurship, whereas the size of the state discourages it. Our results confirm a … U-shaped relationship between per-capita income and entrepreneurship. We also find that cities with higher concentration …
Persistent link: https://www.econbiz.de/10011435311
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Monitoring costs, credit constraints and entrepreneurship
Banerji, Sanjay; Raj, Rajesh S. N.; Sen, Kunal - 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/10010283965
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The demand for, and consequences of, formalization among informal firms in Sri Lanka
De Mel, Suresh; McKenzie, David; Woodruff, Christopher - 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/10010282470