@techreport{Bennett2009Informal,
abstract = {We analyse potential dynamic benefits for a firm from having the option of adopting informal status. Informality may be a stepping stone, without which formality might never be achieved. This result obtains for a broad range of realistic parameter values, suggesting a potential dynamic case for government support of informal firms. Informality may alternatively play a converse role as a consolation prize, a firm only entering an industry (formally) because it recognizes that if profitability is disappointing, it can switch to informality. However, this result obtains for a range of parameter values so narrow to be of no practical significance.},
address = {Helsinki},
author = {John Bennett},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
isbn = {978-92-9230-188-0},
keywords = {O17; M21; D2; 330; informality; entrepreneurship; Informeller Sektor; Entwicklungsl\"{a}nder},
language = {eng},
number = {2009.19},
publisher = {UNU-WIDER},
title = {Informal firms in developing countries entrepreneurial stepping stone or consolation prize?},
type = {Research paper / UNU-WIDER},
url = {http://hdl.handle.net/10419/45057},
year = {2009}
}
