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dc.contributor.authorBennett, Johnen_US
dc.date.accessioned2010-02-17en_US
dc.date.accessioned2011-04-26T07:40:01Z-
dc.date.available2011-04-26T07:40:01Z-
dc.date.issued2009en_US
dc.identifier.isbn978-92-9230-188-0en_US
dc.identifier.urihttp://hdl.handle.net/10419/45057-
dc.description.abstractWe 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.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesResearch paper / UNU-WIDER 2009.19en_US
dc.subject.jelO17en_US
dc.subject.jelM21en_US
dc.subject.jelD2en_US
dc.subject.ddc330en_US
dc.subject.keywordinformalityen_US
dc.subject.keywordentrepreneurshipen_US
dc.subject.stwInformeller Sektoren_US
dc.subject.stwEntwicklungsländeren_US
dc.titleInformal firms in developing countries entrepreneurial stepping stone or consolation prize?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn601793986en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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