Skip navigation

Working Paper

Constrained Gazelles : High Potentials in West Africa's Informal Economy

ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO FINANCE ACCOUNTING AGRICULTURAL ECONOMICS AGRICULTURE BARRIERS TO ENTRY BUSINESS ACTIVITY BUSINESS ASSOCIATION BUSINESS CLIMATE BUSINESS DEVELOPMENT BUSINESS ENVIRONMENT BUSINESS LOCATION BUSINESS OPPORTUNITIES BUSINESS ORGANIZATION CALCULATION CAPACITY BUILDING CAPITAL ACCUMULATION CAPITAL STOCK CD CHECKS COMPANY CONTRIBUTION CREDIT MARKET CREDIT PROGRAMS DEMOGRAPHIC CHARACTERISTICS DISCRIMINATION EARNINGS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC SECTORS EDUCATION LEVELS ELASTICITY EMPIRICAL ANALYSIS EMPIRICAL BASIS EMPIRICAL EVIDENCE ENDOWMENTS ENTERPRISE DEVELOPMENT ENTREPRENEUR ENTREPRENEURIAL ACTIVITY ENTREPRENEURIAL BEHAVIOUR ENTREPRENEURIAL CAPACITIES ENTREPRENEURIAL SUCCESS ENTREPRENEURSHIP ETHNIC GROUP EXCLUSION EXPENDITURE FAMILY LABOUR FAMILY MEMBERS FEMALE BUSINESS FEMALE ENTREPRENEURS FINANCIAL LITERACY FINANCIAL PRODUCTS FINANCIAL SERVICES FINANCIAL SUPPORT FIRMS FIXED COSTS FORMAL EDUCATION GDP GENDER GENDER DIFFERENCE GENDER GAPS GENDER ISSUES GROWTH POTENTIAL HOUSEHOLD EXPENDITURE HOUSEHOLD EXPENSES HOUSEHOLDS INCOME LEVEL INCOME SOURCE INEQUALITY INFORMAL ECONOMY INPUT USE INSURANCE INTERMEDIATE INPUTS INVENTORIES INVESTING JOB CREATION JOB OPPORTUNITY JOINT VENTURE KNOWLEDGE OF CREDIT LABOR FORCE LABOR FORCE SURVEY LABOR MARKET LABOR PRODUCTIVITY LABOUR MARKET LABOUR MARKET POLICIES LABOUR MARKETS LACK OF ACCESS MARKET CONDITIONS MARKET CONSTRAINTS MARKETING MICRO-CREDIT MICROENTERPRISES PHYSICAL CAPITAL POLICY MAKERS POLITICAL ECONOMY PRICE DIFFERENCES PROBABILITY PRODUCT MARKETS PRODUCTION ELASTICITIES PRODUCTION FUNCTIONS PRODUCTIVITY PROFITABILITY QUESTIONNAIRE RECEIPTS REGULAR INCOME REPLACEMENT COSTS RISK AVERSE RISK AVERSION SALES SAVINGS SECONDARY EDUCATION SELF-EMPLOYMENT SHOP SMALL ENTERPRISE SMALL ENTREPRENEURS SMALL FIRM SOCIAL NETWORKS SOURCE OF INCOME STRUCTURAL CHANGE VALUE ADDED WAGE WAGE DIFFERENTIALS WAGE DISCRIMINATION WEALTH WOMEN ENTREPRENEURS YOUNG PEOPLE
77
0

Attachments [ 0 ]

There are no files associated with this item.

More Details

World Bank, Washington, DC
Africa | West Africa
2017-06-05T15:29:33Z | 2017-06-05T15:29:33Z | 2012-03

The informal sector is typically characterized as being very heterogeneous and possibly composed of two clearly distinct segments, sometimes called the lower and upper tier. However, empirical evidence shows that even among lower tier entrepreneur's profitability can be quite high. The authors combine these findings and develop an innovative approach to identify what is called constrained gazelles, next to the well-known survivalists in the lower tier and growth-oriented top-performers in the upper tier. The sample of informal entrepreneurs in seven West-African countries allows linking the relative size of these three groups to the structural and macroeconomic environment in these countries.

Comments

(Leave your comments here about this item.)

Item Analytics

Select desired time period