Williams, C.C. orcid.org/0000-0002-3610-1933 and Kosta, B. (2020) Evaluating the impact of informal sector competitors on the perfomance of formal enterprises: Evidence from Bosnia and Herzegovina. Journal of Developmental Entrepreneurship, 25 (02). 2050014. ISSN 1084-9467
Abstract
It is widely assumed that informal sector enterprises have a harmful impact on the performance of formal enterprises. This paper aims to provide an evidence-based evaluation of whether this is the case. To do so, it reports World Bank Enterprise Survey (WBES) data collected from 360 formal enterprises in Bosnia and Herzegovina in 2019. The finding is that formal enterprises viewing informal competition as a severe obstacle do not witness significantly lower sales growth, employment growth or productivity growth. Indeed, such enterprises witness significantly higher sales growth than those who do not view informal sector competitors as a severe obstacle. The theoretical and policy implications are discussed.
Metadata
Item Type: | Article |
---|---|
Authors/Creators: |
|
Copyright, Publisher and Additional Information: | © 2020 World Scientific Publishing. This is an author-produced version of a paper subsequently published in Journal of Developmental Entrepreneurship. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Entrepreneurship; informal sector; firm performance; Bosnia and Herzegovina |
Dates: |
|
Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 03 Jul 2020 13:23 |
Last Modified: | 21 Oct 2021 18:12 |
Status: | Published |
Publisher: | World Scientific Pub Co Pte Lt |
Refereed: | Yes |
Identification Number: | 10.1142/s1084946720500144 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:162833 |