Nobody's business but my own: Self-employment and small enterprise in economic development

A-Tier
Journal: Journal of Monetary Economics
Year: 2008
Volume: 55
Issue: 2
Pages: 219-233

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In most poor countries, small firms and self-employment are the dominant forms of business enterprise--even in the manufacturing sector. For rich countries, in contrast, self-employed people account for very small shares of manufacturing employment and output. This paper builds on Lucas [1978. On the size distribution of business firms. Bell Journal of Economics 9(2), 508-523] to ask whether structural changes of this kind are driven by productivity differences. A model, calibrated to Japanese time-series data, is shown to mimic key features of cross-country and time-series data. The results support the idea that changes in aggregate productivity account for much of the cross-country variation in establishment size and self-employment rates.

Technical Details

RePEc Handle
repec:eee:moneco:v:55:y:2008:i:2:p:219-233
Journal Field
Macro
Author Count
1
Added to Database
2026-01-25