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. The findings suggest that significant differences in productivity levels between the formal and informal sectors could … exist. This, in turn, might imply that the economy's aggregate productivity could be affected by the increase of the share …
Persistent link: https://www.econbiz.de/10010322582
We study labor earnings dynamics in a developing economy with a large informal sector. We use nationally representative Brazilian panel data that cover both formal and informal workers. We document large disparities in earnings fluctuations faced by these segments of the labor market, as well as...
Persistent link: https://www.econbiz.de/10012852838
productivity. Low productivity firm's optimal choice of employment and wage will be unaffected by the introduction of the minimum … wage. High productivity firms comply so that wage and employment effects are non-negative for these firms. …
Persistent link: https://www.econbiz.de/10012663184
The aim of this paper is to quantify the role of formal-sector institutions in shaping the demand for human capital and the level of informality. We propose a firm dynamics model where firms face capital market imperfections and costs of operating in the formal sector. Formal firms have a larger...
Persistent link: https://www.econbiz.de/10011051923
We develop a theory of total factor productivity to understand differences in pro- ductivity and human capital across …
Persistent link: https://www.econbiz.de/10010615500
Accepted for publication, Journal of Economic Dynamics and Control The aim of this paper is to quantify the role of formal-sector institutions in shaping the demand for human capital and the level of informality. We propose a firm dynamics model where firms face capital market imperfections and...
Persistent link: https://www.econbiz.de/10010755869
technology by informal enterprises on labour productivity. Using a sample of non-farm informal enterprises in Nigeria, we employ … productivity is significantly higher for enterprises that use digital technology than for non-users. Further analysis reveals that …
Persistent link: https://www.econbiz.de/10012590880
managerial capital, combining both practices and attitudes, and link it with consistent estimates of firm-level productivity and … mark-up. Even though bias may still affect the estimation of the overall influence of managerial capital on productivity …
Persistent link: https://www.econbiz.de/10011874046
A quantitative framework of firm dynamics is developed where the size of the informal sector is determined by financial constraints and the burden of taxation. Improving access to credit for formal sector firms increases aggregate TFP and output while reducing the size of the informal sector....
Persistent link: https://www.econbiz.de/10011489988
We examine the patterns and correlates of the productivity gap between male-owned and female-owned firms for informal … productivity gaps observed at the lower end of the productivity distribution. Using decomposition methods, we find that about 73 … per cent of the productivity gap can be explained by structural effect, with the remainder being due to differences in …
Persistent link: https://www.econbiz.de/10012798554