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The financial systems and financial markets of developing countries have a common feature: the dualism. This means the co-existence and operation side by side of a formal or institutional financial sector and of an informal or non-institutional financial sector. The great diversity of informal...
Persistent link: https://www.econbiz.de/10005007335
This paper investigates the urbanization of the Indian manufacturing sector by combining enterprise data from formal and informal sectors. We find that plants in the formal sector are moving away from urban and into rural locations, while the informal sector is moving from rural to urban...
Persistent link: https://www.econbiz.de/10014041120
entry in this context …
Persistent link: https://www.econbiz.de/10013316884
. Small, less productive, entrepreneurs, facing high entry costs, start informally, waiting to become more productive before …
Persistent link: https://www.econbiz.de/10011989235
It has been recently argued that the informal sector of the labor market in a developing economy shows a dual structure with one part of it being competitive to the formal sector and another part being the result of market segmentation. To test this hypothesis we formulate an econometric model...
Persistent link: https://www.econbiz.de/10009226045
It has been recently argued that the informal sector of the labor market in a developing economy shows a dual structure with one part of it being competitive to the formal sector and another part being the result of market segmentation. To test this hypothesis we formulate an econometric model...
Persistent link: https://www.econbiz.de/10010296549
It has recently been argued that the informal sector of labor markets in de- veloping economies shows a dual structure with part of the informal sector being competitive to the formal sector and part of the informal sector being the result of market segmentation. To test this hypothesis, we...
Persistent link: https://www.econbiz.de/10005765437
It has been recently argued that the informal sector of the labor market in a developing economy shows a dual structure with one part of it being competitive to the formal sector and another part being the result of market segmentation. To test this hypothesis we formulate an econometric model...
Persistent link: https://www.econbiz.de/10005566443
Persistent link: https://www.econbiz.de/10013326638
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