Small Enterprise Development and the Employment-Output Trade-Off

Steel, William F.; Takagi, Yasuoki

doi:10.1093/oxfordjournals.oep.a041605

Cited by 19 publications

(12 citation statements)

References 30 publications

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“…* Successful industrialization must have an indigenous base, and expansion of the SSE sector would help develop entrepreneurial and managerial skills as a basis for efficient indigenous investment in and management of larger industries (Bolton Committee 1971;Bruton 1990;Kilby 1988). * Because SSES tend to be relatively labor-intensive and to use low levels of technology, a strategy to expand the SSE sector is likely to be consistent with employment and income distribution objectives while allowing for sustained productivity increases through improvements in technology (Staley and Morse 1965;Steel and Takagi 1983). * Abolishing restrictive licensing, tax incentives for large firms, and direct allocation of credit, materials, and foreign exchange to large firms (especially in the public sector) is likely to unleash investment by SSES in previously untapped opportunities (Little and others 1987;UNIDO 1989).…”

Section: The Role Of Small Enterprises In African Industrial Adjusmentioning

confidence: 99%

How Small Enterprises in Ghana Have Responded to Adjustment

Steel¹,

Webster²

1992

World Bank Econ Rev

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Section: The Role Of Small Enterprises In African Industrial Adjusmentioning

confidence: 99%

How Small Enterprises in Ghana Have Responded to Adjustment

Steel¹,

Webster²

1992

World Bank Econ Rev

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“…The superior or inferior industry environment also will show the status of whole industry operation and future development situation. Steel and Takagi (1983) indicates that some industries need big amount of technology and capital investment in Vol. 9, No.…”

Section: Industrial Environmental Factorsmentioning

confidence: 99%

How to Build up the Loan - Evaluation System toward Small and Medium Enterprises between Taiwan and China’s Commercial Banks？ The Application for Multi Criteria Decision Making

Shu¹,

Cheng²,

Guo³

2016

IBR

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Because of the financial market fast development between Taiwan and Mainland China, commercial banks, sometimes, cannot have an efficient method to investigate loan credentials for small and medium enterprises. Without efficient methods, commercial banks are forced to undertake the unnecessary default risks. The article chooses the behaviors of commercial banks between Mainland China and Taiwan to become study target. The purpose is to investigate the assessment method and influence factor of commercial banks toward small and medium enterprises for loan. Through modified Delphi approach and Fuzzy Analytic Hierarchy Process (FAHP) in multi-criteria decision-making (MCDM), the article attempts to analyze the decision-making measure of loan for commercial banks toward small and medium enterprises. From the results of practical evidence, the loan assessment measure of commercial banks between Taiwan and Mainland China is quite different. During loan assessment, China commercial banks focus on the debt-paying ability; on the contrary, Taiwan commercial banks focus on profitability of enterprises. The practical approved result of the study has supplied the insufficient data for related study articles in the past. More, the study can also be an important reference for perform related tasks in Taiwan's and China's commercial banks.

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“…In the intervening decades since Lewis and Harris and Todaro did their work, it has become widely (though not universally) accepted that labor markets in developing economies have multiple segments (as opposed to one single set of conditions applying to all) and that labor markets are segmented according to the preceding definition (i.e., i) the same worker can earn more in some segments of the economy than in others and ii) access to the better-paying segments is rationed Subsequent models developed by Fields (1975Fields ( , 1989 and others (e.g., Steel and Takagi, 1983) had both unemployment and low-wage work in urban areas in addition to high-wage urban employment.…”

Section: Introductionmentioning

confidence: 99%

“…Subsequent models developed by Fields (1975Fields ( , 1989 and others (e.g., Steel and Takagi, 1983) had both unemployment and low-wage work in urban areas in addition to high-wage urban employment.…”

Section: Introductionmentioning

confidence: 99%

“…1 But it should be clear that neither the Lewis model nor the Harris-Todaro model can in fact address the remaining questions, because they do not incorporate features of developing countries which underpin those questions. We therefore need models which incorporate these realities in sufficiently tractable form that the full range of questions can be addressed.In the intervening decades since Lewis and Harris and Todaro did their work, it has become widely (though not universally) accepted that labor markets in developing economies have multiple segments (as opposed to one single set of conditions applying to all) and that labor markets are segmented according to the preceding definition (i.e., i) the same worker can earn more in some segments of the economy than in others and ii) access to the better-paying segments is rationed Subsequent models developed by Fields (1975Fields ( , 1989 and others (e.g., Steel and Takagi, 1983) had both unemployment and low-wage work in urban areas in addition to high-wage urban employment.Banerjee and Newman (1993) had four occupational options -subsistence work, work as a wage laborer, self-employment, and entrepreneurship -but no unemployment.Based on evidence accumulated to date, particularly at the micro-level, it has also become clear that a number of additional salient empirical features of developing country labor markets are at odds with the assumptions / implications of these earlier models. In this paper, we introduce three such features which allow us to answer the full range of questions posed at the start.…”

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confidence: 99%

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Job Creation in a Multi-Sector Labor Market Model for Developing Economies

et al. 2016

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Small Enterprise Development and the Employment-Output Trade-Off

Cited by 19 publications

References 30 publications

How Small Enterprises in Ghana Have Responded to Adjustment

How Small Enterprises in Ghana Have Responded to Adjustment

How to Build up the Loan - Evaluation System toward Small and Medium Enterprises between Taiwan and China’s Commercial Banks？ The Application for Multi Criteria Decision Making

Job Creation in a Multi-Sector Labor Market Model for Developing Economies

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