Construct · 1 fields · 1 citations

dual view of informality: a standalone construct

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dual view ofinformality1 CONSTRUCTDual view of informalityLA PORTA · DEVELOPMENT

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Development economics

the view, supported by firm data, that informal firms form a separate low-productivity sector run by low-skill owners that rarely grows into the formal economy.

In development economics, dual view of informality refers to the view, supported by firm data, that informal firms form a separate low-productivity sector run by low-skill owners that rarely grows into the formal economy. This meaning comes from La Porta (2014) in Journal of Economic Perspectives.[1]

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Nearby constructs

formalization3 fields · 3 citationsjingle · one word, three constructsdevelopment1 fields · 2 citationsanchor · a standalone constructform4 fields · 7 citationsjingle · one word, four constructs

References

  1. La Porta, R., & Shleifer, A. (2014). Informality and Development. Journal of Economic Perspectives, 28(3), 109-126. https://doi.org/10.1257/jep.28.3.109

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