The goal of this paper was to estimate an empirical hazard function of firms by determining the impact of selected firm characteristics and unobserved heterogeneity on a firm‟s survival time prior to exit during a period of de factor trade liberalization.
This research note describes experimental evidence from Kenya on intermediary market structure. We find that traders act consistently with joint profit maximization.
The COVID-19 crisis has hit everywhere at once. Lower-income countries should not expect large inflows of aid; they will be left largely to their own resources. Those resources are limited, so lower-income countries need to find leverage wherever they can.
This paper, by He, Wang and Zhang (2020), estimates the effect of environmental regulation on firm productivity using a spatial regression discontinuity design implicit in China's water quality monitoring system.
Garlick, Orkin and Quinn (2020) analyzes the effects of differences in survey frequency and medium on microenterprise survey data. A sample of enterprises were randomly assigned to monthly in-person, weekly in-person, or weekly phone surveys for a 12-week panel.
Despite the depiction of decisions to formalize informal firms as rational and ethical, many entrepreneurs in developing countries continue to operate informally regardless of its perceived illicit status.
Knowledge sharing between employees has long been viewed as a major driver of firm productivity growth, and has commonly been measured by productivity spill-overs within firms.
