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Informality as a Stepping Stone : Entrepreneurial Entry in a Developing Economy

Bennett, John; Estrin, Saul - 2021

entry in this context …

Persistent link: https://www.econbiz.de/10013316884

Regulatory Barriers and Entry in Developing Economies

Bennett, John; Estrin, Saul - Institute for the Study of Labor (IZA) - 2006

We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of … licence fees and bureaucratic delay. Because laissez faire leads to ‘excessive’ entry, a licence fee can increase welfare by … discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity, which can result …

Persistent link: https://www.econbiz.de/10005822475

Regulatory barriers and entry in developing economies

Bennett, John; Estrin, Saul - 2006

We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of … licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by … discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity, which can result …

Persistent link: https://www.econbiz.de/10010267763

Regulatory barriers and entry in developing economies

Bennett, John; Estrin, Saul - 2006

We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of … licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by … discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity, which can result …

Persistent link: https://www.econbiz.de/10011470763

Regulatory Barriers & Entry in Developing Economies

Bennett, John; Estrin, Saul - William Davidson Institute, University of Michigan - 2006

Persistent link: https://www.econbiz.de/10005677465

Informality as a Stepping Stone:Entrepreneurial Entry in a Developing Economy

Bennett, John; Estrin, Saul - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We model decisions with respect to formality or informality for entrepreneurs in a newindustry for a developing economy. We show that informality allows a leader to explore,without significant sunk costs, the potential profitability of the industry; that is, informality maybe a stepping stone,...

Persistent link: https://www.econbiz.de/10005862339

Family ceremonies as a constraint on informal sector investment : the case of Sénégal

Bennett, John; Levy, Stephanie - 2018

We analyze how intermittent large expenditures on family ceremonies may affect an entrepreneur's investment decision in an informal enterprise. Our hypothesis is that the barrier between family and enterprise is thin and permeable. We test this hypothesis using a survey from Sénégal that...

Persistent link: https://www.econbiz.de/10011863842

Self-employment, wage employment and informality in a developing economy

Bennett, John; Rablen, Matthew D. - 2012

We construct a simple model incorporating various urban labour market phenomena obtaining in developing economies. Our initial formulation assumes an integrated labour market and allows for entrepreneurship, self-employment and wage employment. We then introduce labour market segmentation. In...

Persistent link: https://www.econbiz.de/10009534099

Risk attitudes and informal employment in a developing economy

Bennett, John; Gould, Matthew; Rablen, Matthew D. - In: IZA journal of labor & development 1 (2012), pp. 1-17

We model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage...

Persistent link: https://www.econbiz.de/10009725361

Formality, informality, and social welfare

Bennett, John (contributor) - 2008

An industry is modeled in which entrepreneurs, who are heterogeneous in ability, may produce formally or informally. It is shown how the formal-informal mix depends on the distribution of ability, product demand and various parameter values. The industry equilibrium is compared to one in which...

Persistent link: https://www.econbiz.de/10003724143