This paper uses a novel firm-level dataset and finds a missing middle in the employment based firm size distribution in four sub-Saharan African countries. This missing middle hinges on the inclusion of informal producers, and it is not explained by state or foreign owned firms at the top of the size distribution, nor does it emerge from the size distribution of entrants. The authors reconcile these empirical results with a model of firm dynamics...
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详细
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2022/10/03
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报告
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180518
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1
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2023/03/02
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Disclosed
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Deconstructing the Missing Middle : Informality and Growth of Firms in Sub-Saharan Africa