Publication:
The Demand for, and Consequences of, Formalization among Informal Firms in Sri Lanka

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dc.contributor.authorde Mel, Suresh
dc.contributor.authorMcKenzie, David
dc.contributor.authorWoodruff, Christopher
dc.date.accessioned2014-04-21T19:19:34Z
dc.date.available2014-04-21T19:19:34Z
dc.date.issued2013-04
dc.description.abstractA field experiment in Sri Lanka provides informal firms incentives to formalize. Information about the registration process and reimbursement of direct costs does not increase registration. Payments equivalent to one-half to one month (alternatively, two months) of the median firm's profits leads to registration of around one-fifth (alternatively, one-half ) of firms. Land ownership issues are the most common reason for not registering. Follow-up surveys 15 to 31 months later show higher mean profits, but largely in a few firms that grew rapidly. We find little evidence for other changes in behavior, but formalized firms express more trust in the state.en
dc.identifier.citationAmerican Economic Journal: Applied Economics
dc.identifier.doi10.1596/17927
dc.identifier.issn1945-7782
dc.identifier.other10.1257/app.5.2.122
dc.identifier.urihttps://hdl.handle.net/10986/17927
dc.language.isoen_US
dc.publisherAmerican Economic Association
dc.rightsCC BY 3.0 IGO
dc.rights.holderAmerican Economic Association
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectfirm behavior
dc.subjectfirm performance
dc.subjectentrepreneurship
dc.subjectindustrialization
dc.subjectmanufacturing
dc.subjectservice industries
dc.subjecttechnology
dc.subjectMicrodata Set
dc.titleThe Demand for, and Consequences of, Formalization among Informal Firms in Sri Lankaen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.date.disclosure2014-03-18
okr.date.doiregistration2025-05-06T11:08:19.017101Z
okr.doctypePublications & Research::Journal Article
okr.externalcontentExternal Content
okr.globalpracticeTrade and Competitiveness
okr.identifier.doi10.1257/app.5.2.122
okr.journal.nbpages122-150
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countrySri Lanka
okr.relation.associateddatasethttp://microdata.worldbank.org/index.php/catalog/1063
okr.relation.associatedurlhttp://www.aeaweb.org/articles.php?doi=10.1257/app.5.2.122
okr.relation.associatedurlhttp://dx.doi.org/10.1257/app.5.2.122
okr.relation.associatedurlhttps://openknowledge.worldbank.org/handle/10986/3279
okr.topicIndustry
okr.topicIndustry::Cottage Industry
okr.topicIndustry::General Manufacturing
okr.topicPrivate Sector Development::Enterprise Development & Reform
okr.topicPrivate Sector Development::Private Sector Economics
okr.volume5(2)
relation.isAuthorOfPublication148d6d6d-76e5-5d6f-9af9-98313e30551f
relation.isAuthorOfPublication.latestForDiscovery148d6d6d-76e5-5d6f-9af9-98313e30551f
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