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Heterogeneity among Mexico's micro-enterprises - an application of factor and cluster analysis (Английский)

A long tradition sees the small firm sector as a holding pattern for workers queuing for jobs in the formal sector of a segmented labor market. An alternative "entrepreneurial" view suggests that many workers prefer self-employment to salaried jobs. These competing views can be resolved if the sector is heterogeneous. Using factor and cluster analysis, the authors generate a typology of the sector by taking advantage of a Mexican data set on micro-firms...
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