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This paper uses 1-2-3 survey data on the Democratic Republic of Congo to analyze heterogeneity in the informal sector. It empirically identifies three types of entrepreneurs in the sector. The first group of entrepreneurs-top performers-is growth oriented and enjoys greater access to capital....
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New representative survey data for Harare, Zimbabwe are used to analyze the conditions under which informal businesses encounter requests for bribes. A simple model develops basic expectations of bribe exposure: those with higher opportunity costs of formalizing and with a higher ability to pay...
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, and beneficial tax regimes. There is a strong negative correlation between political connection and productivity …
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India is one of the fastest growing major economies. However, at 14 percent of gross domestic product, its logistics costs are high relative to the 8 to 10 percent that is typical of most advanced economies. High logistics costs and poor logistics performance impact the competitiveness of the...
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