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This paper examines the entry, survival and exit patterns of Ethiopian manufacturing firms using census-based panel data for the period 1996 to 2002. The evidence reveals an underlying market selection mechanism that reallocates resources towards more efficient producers and forces inefficient...
Persistent link: https://www.econbiz.de/10005495446
Summary This paper analyzes the risk of exit for privately-owned manufacturing establishments in a small African economy. It shows that changes in the structure of ownership following an economic reform have important implications on establishment survival. The risk of exit is lower for...
Persistent link: https://www.econbiz.de/10005381372
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A growing share of manufacturing in GDP and in employment is a common feature observed in successful developing countries. Manufacturing, however, has not been a major source of employment in Ethiopia and in other Sub-Saharan African countries. This paper relies on a unique census-based panel...
Persistent link: https://www.econbiz.de/10010969831
urban PHC perform better than rural ones. We also find
Persistent link: https://www.econbiz.de/10010938838
Judging by the provisions of its investment code and the apparent stability of the macro-economy, Ethiopia seems to offer a favourable investment climate for the private sector. However, Ethiopian manufacturing has experienced a declining rate of investment since the mid 1990s. Like other...
Persistent link: https://www.econbiz.de/10011149222
This article investigates the processes of market selection and industry dynamics in a sub-Saharan Africa context. Using census-based longitudinal data, it examines the distribution of productivity within an industry to determine whether patterns of firm entry, exit, and survival are driven by...
Persistent link: https://www.econbiz.de/10005739644
This article investigates the processes of market selection and industry dynamics in a sub-Saharan Africa context. Using census-based longitudinal data, it examines the distribution of productivity within an industry to determine whether patterns of firm entry, exit, and survival are driven by...
Persistent link: https://www.econbiz.de/10005785700