Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/45057 
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dc.contributor.authorBennett, Johnen
dc.date.accessioned2010-02-17-
dc.date.accessioned2011-04-26T07:40:01Z-
dc.date.available2011-04-26T07:40:01Z-
dc.date.issued2009-
dc.identifier.isbn978-92-9230-188-0en
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
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Research Paper |x2009/19en
dc.subject.jelO17en
dc.subject.jelM21en
dc.subject.jelD2en
dc.subject.ddc330en
dc.subject.keywordinformalityen
dc.subject.keywordentrepreneurshipen
dc.subject.stwInformeller Sektoren
dc.subject.stwEntwicklungsländeren
dc.titleInformal firms in developing countries entrepreneurial stepping stone or consolation prize?-
dc.typeWorking Paperen
dc.identifier.ppn601793986en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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