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  • 1
    UID:
    almafu_9958062358802883
    Format: 1 online resource (31 pages)
    Series Statement: Policy research working papers.
    Content: This paper estimates a dynamic business growth equation on a sample of small-scale manufacturers. The results suggest that excessive labor regulation, power shortages, and problems of access to finance are significant influences on industrial growth in India. The expected annual sales growth rate of an enterprise is lower where labor regulation is greater, power shortages are more severe, and cash flow constraints are stronger. The effects of each of the three factors on business growth seem also to depend on a fourth element, namely, corruption. Specifically, labor regulation affects the growth only of enterprises for which corruption is not a factor in business decisions. By contrast, power shortages seem to be a drag on the growth only of enterprises self-reportedly held back by corruption. Lastly, sales growth is constrained by cash flow only in businesses that are not affected by labor regulation, power shortages, or corruption. The analysis uses corruption as a proxy for the quality of "property rights institutions" and considers labor regulation and small business financing as instances of "contracting institutions." The findings on the interaction between corruption and other aspects of business environment then seems to indicate that the quality of property rights institutions exerts more abiding influence on economic outcomes than the quality of contracting institutions. Moreover, there might also be a hierarchy among contracting institutions in their effect on manufacturing growth.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    UID:
    almafu_9958109651302883
    Format: 1 online resource (37 pages)
    Series Statement: Policy research working papers.
    Content: The authors use firm-level, cross-county data from Investment Climate surveys in 49 developing countries to investigate an important channel through which informality can affect productivity: access to credit and external finance. Informality is measured as self-reported lack of tax compliance in a sample of registered firms that also answered questions on a large set of other characteristics. The authors find that more tax compliance is significantly associated with more access to credit both in OLS and in country fixed effects estimates. In particular, the link between credit and formality is stronger in high-formality countries. This suggests that firms' balance sheets are relatively more informative for financial institutions in environments where signal extraction is a less noisy process. The authors' results are robust to the inclusion of a wide array of correlates and to two-stage estimation.
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 3
    UID:
    almafu_9958246534902883
    Format: 1 online resource (46 pages)
    Series Statement: Policy research working papers.
    Content: This study uses a randomized experiment to evaluate the impacts of the training and internship program piloted in Nairobi, Mombasa and Kisumu counties by the Kenya Private Sector Alliance and the Government of Kenya with support from the World Bank's Kenya Youth Empowerment Project. The program provided three months of classroom-based technical training coupled with three months of internships in private firms to vulnerable youths between ages 15 and 29 years, with vulnerable being defined as those out of school and/or with no permanent job. The analysis in this paper is based on survey data collected before the program started (July 2012) and 15 months after the program ended (July 2014). The results of the impact evaluation show that the program has been successful in placing youths in paid jobs and has contributed to an increase of 15 percent in current employment among male participants. The evaluation also found that the program has had positive effects on wage earnings, especially those of females and among older males, with wages increasing by about K Sh 5,000 for males and by K Sh 7,500 for females. With a total unit cost of K Sh 97,000 per beneficiary, an estimated K Sh 6,768 monthly wage for males and K Sh 9,623 monthly wage for females, the program's benefits exceeded the costs for males and females. The program also encouraged youths to participate in either (certified) skills training or an internship program, and helped to increase the probability of participants' opening a bank account and accumulating savings (for females).
    Language: English
    URL: Volltext  (kostenfrei)
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  • 4
    UID:
    almafu_9958246405602883
    Format: 1 online resource (65 pages)
    Series Statement: Policy research working papers.
    Content: This paper provides a synthetic and systematic review on the effectiveness of various entrepreneurship programs in developing countries. It adopts a meta-regression analysis using 37 impact evaluation studies that were in the public domain by March 2012, and draws out several lessons on the design of the programs. The paper observes wide variation in program effectiveness across different interventions depending on outcomes, types of beneficiaries, and country context. Overall, entrepreneurship programs have a positive and large impact for youth and on business knowledge and practice, but no immediate translation into business set-up and expansion or increased income. At a disaggregate level by outcome groups, providing a package of training and financing is more effective for labor activities. In addition, financing support appears more effective for women and business training for existing entrepreneurs than other interventions to improve business performance.
    Language: English
    URL: Volltext  (kostenfrei)
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  • 5
    UID:
    almafu_9958143913402883
    Format: 1 online resource (39 pages)
    Series Statement: Policy research working papers.
    Content: Creating productive jobs is one of the greatest challenges in Ghana. This paper looks at job creation and its relationship with firm productivity and the quality of jobs among registered firms in the Ghanaian private sector, based on the 2013 World Bank Enterprise Survey. The study looks at the typology of firms in the industry and service sectors, identifying those that have created the most jobs, and the relative quality of these jobs in terms of productivity and firms' average wage bill. Although the formal private sector employs only a tiny share of total employment, the results show that larger and older firms account for the majority of workers, and formal jobs density is highest in Accra (Accra Metropolitan Area and Tema). Large firms also pay higher wages on average, are more productive, and account for most of the aggregate net formal job creation between 2010 and 2012. However, the relationship between size and productivity is positive and statistically significant, mostly driven by the upper part of the firm size distribution, pointing to potential market segmentations as micro, small, and medium firms create fewer jobs and are less productive. Removing barriers to the growth of micro, small, and medium size enterprises, and to the allocation of resources toward more efficient firms should be a key priority for policy makers.
    Language: English
    URL: Volltext  (kostenfrei)
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  • 6
    UID:
    almafu_9958246225602883
    Format: 1 online resource (45 pages)
    Series Statement: Policy research working papers.
    Content: This study presents results from a randomized evaluation of two labor market interventions targeted to young women aged 18 to 19 years in three of Nairobi's poorest neighborhoods. One treatment offered participants a bundled intervention designed to simultaneously relieve credit and human capital constraints; a second treatment provided women with an unrestricted cash grant, but no training or other support. Both interventions had economically large and statistically significant impacts on income over the medium term (7 to 10 months after the end of the interventions), but these impacts dissipated in the second year after treatment. The results are consistent with a model in which savings constraints prevent women from smoothing consumption after receiving large transfers-even in the absence of credit constraints, and when participants have no intention of remaining in entrepreneurship. The study also shows that participants hold remarkably accurate beliefs about the impacts of the treatments on occupational choice.
    Language: English
    URL: Volltext  (kostenfrei)
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  • 7
    UID:
    b3kat_BV048271432
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: This note provides a brief, updated analysis of jobs dynamics in Albania, providing insights into where constraints to improving jobs outcomes remain and opportunities for addressing such challenges. Results-based policy making requires timely information to identify problems, design potential solutions, and evaluate policy initiatives. Using the most recent data available on Albanian labor markets from the perspectives of labor demand (firms) and labor supply (individuals), this note provides some key insights into the current situation and important dynamics over time and across firms and workers with different characteristics. The note is complemented by two other reports that look at (i) skills development challenges from the demand (employer) side, and (ii) the role and effectiveness of the National Employment Service (NES) in reducing unemployment. This note and the aforementioned reports will serve as inputs to a jobs framework and action plan for the Republic of Albania. This note is divided into three additional sections. Following the introduction, the second section provides a profile of labor demand in Albania, looking primarily at job creation and job productivity. The third section presents a profile of labor supply, specifically who is working, what types of jobs they are employed in, and who is not working. The final section concludes with an overall brief summary of the analysis and questions to further guide the development of a jobs action plan
    Language: English
    URL: Volltext  (kostenfrei)
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  • 8
    UID:
    b3kat_BV048272449
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: Armenia has experienced massive outflows of its people over years. Emigrants' share of the Armenian population stood at approximately thirty-two percent in 2017, according to migration data from the United Nations (UN). Half of Armenian emigrants reside in Russia. Other key destinations include Azerbaijan, the United States and Ukraine. Recent migration is primarily temporary labor migration, unlike the permanent emigration that occurred in the 1990s. Remittances resulting from migration constitute important support to the welfare of households and the domestic economy. Nevertheless, the effects of remittances and migration on labor markets are not fully understood. As migration is likely to continue, such questions are still timely and relevant. The Russian-Armenian University (RAU) survey data indicate that about as many people would like to migrate as are current first-time migrants. This policy brief aims to explore and address the two questions about migration and its effects on the labor market in Armenia. It uses data from the household migration surveys conducted by the RAU over the three-year period of 2015-2017. The brief describes the general landscape of temporary labor migration and presents relevant policy recommendations
    Language: English
    URL: Volltext  (kostenfrei)
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  • 9
    UID:
    b3kat_BV049079679
    Format: 1 Online-Ressource
    Series Statement: Other papers
    Content: Part of a three-region set of papers analyzing coal-related labor market challenges in Poland, this paper focuses on Wielkopolska, which is most advanced in the transition out of coal. Finding viable job transitions is of enormous importance. The findings call for a more territorial-oriented approach to brokering the coal transition, rather than a sectoral one. First, even though limited from a regional perspective (4,000 workers), affected jobs are highly concentrated in a few already lagging and depopulating municipalities. Second, while coal-related workers are similarly skilled as other workers in Wielkopolska, non-coal related workers in the at-risk municipalities are substantially less skilled, exposing them to potential displacement effects. Finally, while ready to work and to be re-skilled, discrete choice experiments about their job attribute preferences show that all workers are averse both to commuting and relocating for work, even more so than in Silesia and Lower Silesia. Complementary social protection and employment support will be needed, and the paper suggests some policy options based on international experience. The paper concludes by illustrating how a big-data driven job-matching tool, calibrated on the Polish labor market, could be used to assist caseworkers in identifying "viable-job-transition-pathways" for affected workers as well as to help policymakers identify reskilling needs and attract investments
    Language: English
    URL: Volltext  (kostenfrei)
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  • 10
    UID:
    b3kat_BV048273536
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: This paper investigates reasons of Georgian targeted social assistance (TSA)'s declining performance and presents a new proxy means test (PMT) model estimated on the most recent household income and expenditure survey data (2018). The paper finds that the presented updated formula performs better in terms of its ranking property, coverage of the poor, and benefit incidence among the poor. The updated PMT formula will improve the coverage of the poorest decile by raising it from 69 percent to 77 percent and the benefit incidence in the poorest decile from 60 to 65 percent. The analysis also finds that most of the winners are in the poorest quintile while the losers in the top quintiles. In the medium term, the paper highlights the potential benefits of moving to a hybrid targeting approach, whereby reported income is used as a first-stage exclusion criterion before a PMT assessment
    Language: English
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