switching has been a defensive strategy against low-cost imports. In contrast, our results suggest that Estonian firms have …

by trade opening) on informality, while relevant empirical literature has been not well developed. The paper aims to fill … this knowledge gap by shedding further light on the linkages running from globalisation to informality in developing … of indicators most likely to influence the size of informality. Our finding reveals that the indicators with consistently …

development economics: the expansion of firms' export destinations across space and time (chapter 1), the extension of structural …

gain a competitive advantage in doing so.Design/methodology/approach – The authors show how firms can take a more holistic …

This paper revisits the effects of a country's institutional framework on individual firms' behavior, in particular … legal rules and employs a rich dataset based on thousands of firms from dozens of countries. We find that most of the … extent the context within which firms operate. -- Firms ; Institutions ; Law compliance ; Country differences ; Globalization …

This paper investigates which firms suffer from informal competition and highlights the role of access to finance in … this context.We use cross-sectional data from the World Bank Enterprise Surveys covering 42,000 firms in 114 developing and … and informal competition for our empirical analysis.We find that financially constrained firms face significantly more …