Small and Medium Enterprises Growth and Poverty is popular PDF and ePub book, written by Thorsten Beck in 2003, it is a fantastic choice for those who relish reading online the Economic development genre. Let's immerse ourselves in this engaging Economic development book by exploring the summary and details provided below. Remember, Small and Medium Enterprises Growth and Poverty can be Read Online from any device for your convenience.
Small and Medium Enterprises Growth and Poverty Book PDF Summary
Beck, Demirgüç-Kunt, and Levine explore the relationship between the relative size of the small and medium enterprise (SME) sector, economic growth, and poverty using a new database on the share of SME labor in the total manufacturing labor force. Using a sample of 76 countries, they find a strong association between the importance of SMEs and GDP per capita growth. This relationship, however, is not robust to controlling for simultaneity bias. So, while a large SME sector is characteristic of successful economies, the data fail to support the hypothesis that SMEs exert a causal impact on growth. Furthermore, the authors find no evidence that SMEs reduce poverty. Finally, they find qualified evidence that the overall business environment facing both large and small firms--as measured by the ease of firm entry and exit, sound property rights, and contract enforcement--influences economic growth. This paper--a product of Finance, Development Research Group--is part of a larger effort in the group to understand the role of SMEs.
Detail Book of Small and Medium Enterprises Growth and Poverty PDF
- Author : Thorsten Beck
- Release : 22 September 2024
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Economic development
- Total Page : 47 pages
- Language : English
- PDF File Size : 20,9 Mb
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