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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
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
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
Street vending is an important source of self-employment for the urban poor. I combine observational, survey, and experimental data from Delhi to study this market. Partnering with vendors to randomize prices and passersby they solicit, I find that even with identical goods, child vendors are...
Persistent link: https://www.econbiz.de/10015113100
The transition from plan to market provides a rare opportunity for insight into the endogenous development of economic institutions. Economic activities during the Soviet regime were co-ordinated by a central authority. These co-ordinating mechanisms were disrupted during the transition period,...
Persistent link: https://www.econbiz.de/10011608590
target areas with market failures. We estimate a structural model of fiber entry using a rich dataset on fiber deployment for … subsidies were granted to municipalities where private entry would not have occurred. Overall, we estimate the cost of …
Persistent link: https://www.econbiz.de/10014377415
This paper explores an equilibrium model for industry entry dynamics and technological change. We focus on the share …
Persistent link: https://www.econbiz.de/10010315414
of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by …
Persistent link: https://www.econbiz.de/10010320239
This paper attempts to assess the variety and relevance of barriers to entry perceived by Portuguese firms. Based on a … requirements, capital costs, and cost disadvantages are the most important barriers to entry. Applying a factor analysis, six … underlying dimensions of entry barriers - investment in R&D, strategic behaviour, investment risk, advertising, cost …
Persistent link: https://www.econbiz.de/10014525619
We analyze the effect of industry, region, and time on new business survival rates by means of a multidimensional approach. The data relate to West German counties in the 1983-2000 period. Survival chances of start-ups tend to be relatively low in industries characterized by a high minimum...
Persistent link: https://www.econbiz.de/10010261496