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  • 1
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3807
    Parallel Title: Fajnzylber, Pablo Releasing constraints to growth or pushing on a string?
    Keywords: Commercial credit ; Corporations Taxation ; Small business Finance ; Commercial credit ; Corporations Taxation ; Small business Finance
    Abstract: "The authors employ propensity score matching and a traditional control function approach to examine the impact of participation in various societal institutions on microfirm performance in Mexico. They find that firms that participate in credit markets, receive training, pay taxes, and belong to business associations exhibit significantly higher profits, even after controlling for the various factors that drive participation in those institutions. They also find that firms that borrow from formal or informal sources and those that pay taxes are significantly more likely to stay in business, but firms that received credit exhibit lower rates of income growth. Overall, the results suggest that even if the best performing micro-firms are more likely to be selected into participating in societal institutions, causality also runs in the opposite direction. In particular, increases in strictly or broadly defined formality have the potential for increasing profits and survival rates, and appear to bring micro-firms closer to their optimal sizes. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/12/2006 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Online Resource
    Online Resource
    Washington, DC : World Bank, Latin America and the Caribbean Region, Poverty Reduction and Economic Management Sector Unit
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 2491
    Parallel Title: Fajnzylber, Pablo Labor demand and trade reform in Latin America
    Keywords: Labor demand Econometric models ; Competition Econometric models ; Wages Econometric models ; Unemployment Econometric models ; Equality Econometric models ; Competition Econometric models Economic aspects ; Equality Econometric models ; Labor demand Econometric models ; Unemployment Econometric models ; Wages Econometric models ; Latin America Econometric models Commercial policy ; Latin America Econometric models Foreign economic relations ; Latin America Econometric models Commercial policy ; Latin America Econometric models Foreign economic relations
    Abstract: Data provide only mixed support for the idea that trade liberalization has an impact on own-wage labor demand elasticities. If globalization is making the lives of workers more insecure, it is probably working through some other mechanism
    Abstract: Data provide only mixed support for the idea that trade liberalization has an impact on own-wage labor demand elasticities. If globalization is making the lives of workers more insecure, it is probably working through some other mechanism
    Note: "November 2000"--Cover , Includes bibliographical references (p. 24-26) , Title from title screen as viewed on Oct. 02, 2002 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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