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On the Evolution of the Firm Size Distribution in an African Economy.

Abstract:

The size of the informal sector is commonly associated with low per capita GDP and a poor business environment. Recent episodes of reform and growth in several African countries appear to contradict this pattern. From the mid 1980’s onward, Ghana underwent dramatic liberalization and achieved steady growth, yet average firm size in the manufacturing sector fell from 19 to just 9 employees between 1987 and 2003. I use a new panel of Ghanaian firms, spanning 17 years immediately post-reform, to...

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Volume:
WPS/2010-05
Series:
CSAE Working Paper Series
Publication date:
2010-01-01
URN:
uuid:36ef1575-7fd7-4896-9203-b22d5b6ad1a8
Local pid:
oai:economics.ouls.ox.ac.uk:14514
Language:
English

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