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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
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/10010268591
In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate...
Persistent link: https://www.econbiz.de/10010274539
experimental measures of time discounting and risk aversion for villagers in south India to highlight behavioral features of …
Persistent link: https://www.econbiz.de/10010269753
In a recent randomized experiment we found mean returns to capital of between 5 and 6 percent per month in Sri Lankan microenterprises, much higher than market interest rates. But returns were found to be much higher among men than among women, and indeed were not different from zero for women....
Persistent link: https://www.econbiz.de/10010275824
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs …
Persistent link: https://www.econbiz.de/10010261924
entrepreneurship and credit constraints under labour market discrimination. We divide self employed into prefer to be self-employed and … prefer to have a salaried job but cannot find one; and divide salaried workers into want-to-be entrepreneurs and happy …-to-be salaried workers. Over 40 percent of migrant workers are either currently or want-to-be entrepreneurs. Both groups are very …
Persistent link: https://www.econbiz.de/10010286270
Although the development of a new private sector is generally considered crucial to economic transition, there has been rather little empirical research on the determinants of startup firm growth. This paper uses panel data techniques to analyze a survey of 297 new small enterprises in Romania...
Persistent link: https://www.econbiz.de/10010262083
Although the development of a new private sector is generally considered crucial to economic transition, there has been rather little empirical research on the determinants of startup firm growth. This paper uses panel data techniques to analyze a survey of 297 new small enterprises in Romania...
Persistent link: https://www.econbiz.de/10005762176
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/10010333240