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Patterns of Business Creation, Survival and Growth: Evidence from Africa - World Bank - Klapper, Richmond

Posted By Saurabh Lall, Aspen Institute - ANDE, Monday, November 14, 2011
October 2011

The authors study firm dynamics using a novel database of all formally registered firms in Cote d'Ivoire from 1977 to 1997, which account for about 60 percent of gross domestic product. They examine entry and exit patterns and the role of new and exiting firms versus incumbents in job creation and destruction. They find that while the rate of job creation at new firms is quiet high—at 8 percent on average—the number of jobs added by new firms is small in absolute terms. 

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Tags:  Cote d'Ivoire  Entrepreneurship  Jobs  Policy  sector publication  SME  West Africa 

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