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Firm dynamics, productivity growth, and job creation in developing countries : the role of micro- and small enterprises (Английский)

The conventional wisdom on firm dynamics, productivity growth, and job creation in developingcountries is based on data that, by design, excludes a vast number of micro- and small enterprises, many of which are informal. Some may not view this exclusion as an issue, on the grounds that the omitted economic units reflect survivorship rather than entrepreneurship. However, the thresholds that determine the truncation of the data are relatively arbitrary...
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