아프리카ㆍ중동
연구정보
[경제] How Do Small Formal and Informal Firms in the Arab Republic of Egypt Compare ?
이집트 국외연구자료 연구보고서 - World Bank 발간일 : 2020-10-05 등록일 : 2021-05-01 원문링크
Formalizing firms can potentially increase the tax base, expand safety and social protections for workers, create good jobs, and grow the economy. However, the costs and processes of formality may be too challenging for firms, particularly the smallest firms, to bear. Thus, informal firms may not be able to survive the transition to formality and attempts to expand formality may be harmful and counterproductive to job creation and growth. This paper investigates the potential for currently informal firms to formalize in the Arab Republic of Egypt. The paper compares the characteristics and dynamics of micro and small non-agricultural firms by formality and identifies the extent of overlap and potential for formalization. The analysis finds that, beyond firm size, the basic and easily observable characteristics of firms are not closely linked to formality. Firm age, productivity, and owner characteristics such as education are strongly predictive of formality. There is some overlap in the predicted probability of formality between formal and informal firms, suggesting some potential for formalization. The paper develops profiles (groups and clusters) of similar firms to identify those with a higher potential for formalization. In terms of dynamics, new firms tend to be informal and informal firms are more likely to exit (close), but conditional on firm survival, employment growth is similar across formal and informal firms.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
| 이전글 | [경제] Egypt Economic Monitor : From Crisis to Economic Transformation - Unlocking... | 2021-05-01 |
|---|---|---|
| 다음글 | [경제] Creating Markets in Egypt: Country Private Sector Diagnostic | 2021-07-10 |
