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La Porta, Rafael - 2011

We examine the productivity of informal firms (those that are not registered with the government) in 24 African countries using field work and World Bank firm level data. We find that productivity jumps sharply if we compare small formal firms to informal firms, and rises rapidly with the size...

Persistent link: https://www.econbiz.de/10013129131

The Unofficial Economy and Economic Development

La Porta, Rafael - 2010

In developing countries, informal firms (those that are not registered with the government) account for about half of all economic activity. We consider three broad views of the role of such firms in economic development. According to the romantic view, these firms would become the engine of...

Persistent link: https://www.econbiz.de/10013138466

Entry and Exit of Informal Firms and Development

McCaig, Brian; Pavcnik, Nina - 2023

Non-farm informal businesses comprise the majority of the firm distribution in developing countries. We document novel stylized facts about entry and exit of informal, non-farm firms using nationally representative panel data over 15 years and across regions with varying levels of local economic...

Persistent link: https://www.econbiz.de/10014259546

The Informal Sector

Paula, Áureo de - 2007

This paper investigates the determinants of informal economic activity. We present two equilibrium models of informality and test their implications using a survey of 48,000+ small firms in Brazil. We define informality as tax avoidance; firms in the informal sector avoid tax payments but suffer...

Persistent link: https://www.econbiz.de/10012775833

Economic Transformation in Africa from the Bottom Up : Evidence from Tanzania

Diao, Xinshen - 2016

At roughly 4% per annum, labor productivity in Tanzania has grown more rapidly over the past 12 years than at any other time in recent history. Employment growth has also been strong keeping up with population growth at roughly 2.5 percent per annum; the bulk of employment growth (90%) has been...

Persistent link: https://www.econbiz.de/10012977644

Informality and Development

La Porta, Rafael - 2014

We establish five facts about the informal economy in developing countries. First, it is huge, reaching about half of the total in the poorest countries. Second, it has extremely low productivity compared to the formal economy: informal firms are typically small, inefficient, and run by poorly...

Persistent link: https://www.econbiz.de/10013052683

The Origins of Financial Development : How the African Slave Trade Continues to Influence Modern Finance

Levine, Ross - 2017

systems. After showing that the intensity with which people were enslaved and exported from Africa during the 1400 – 1900 …

Persistent link: https://www.econbiz.de/10012948060

Historical Legacies and African Development

Michalopulos, Stelios - 2018

As Africa's role on the global stage is rising, so does the need to understand the shadow of history on the continent …'s economy and polity. We discuss recent works that shed light on Africa's colonial and precolonial legacies. The emerging corpus … Africa's post-independence maladies, we first review works that uncover the lasting legacies of colonial investments in …

Persistent link: https://www.econbiz.de/10012907743

Aids, "Reversal" of the Demographic Transition and Economic Development : Evidence from Africa

Kalemli-Ozcan, Sebnem - 2021

Using country- and region-level data, I investigate the effect of HIV/AIDS on fertility in Africa during 1985 …

Persistent link: https://www.econbiz.de/10013220972

National Institutions and Subnational Development in Africa

Michalopulos, Stelios; Papaioannou, Elias - 2021

We investigate the role of national institutions on subnational African development in a novel framework that accounts both for local geography and cultural-genetic traits. We exploit the fact that the political boundaries in the eve of African independence partitioned more than two hundred...

Persistent link: https://www.econbiz.de/10013224396