Full Citation

Title: Business Size, Development, and Inequality in Latin America: A Tale of One Tail

Citation Type: Working Paper

Publication Year: 2023

ISBN:

ISSN:

DOI: 10.1596/1813-9450-10584

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Abstract: Using official employment surveys for 45 Advanced Economies (AEs) and Latin American countries, we show that the positive cross-country correlation between business size and income per capita is tighter than previously found using firm-level datasets, and find a close negative business size-Gini relationship. We also find a closer connection between individual income and business size for workers in Less Developed Countries (LDCs) vs. those in AEs. Because employment data address the bias against the smallest productive units that characterize firm-level datasets, our approach uniquely assesses and highlights the dominance of the left tail of business size distribution in LDCs.

Url: https://openknowledge.worldbank.org/server/api/core/bitstreams/b9177051-1894-4494-b1fa-5529285cf198/content

User Submitted?: No

Authors: Eslava, Marcela; Meléndez, Marcela; Tenjo, Laura; Urdaneta, Nicolás

Series Title: Policy Research Working Papers

Publication Number: 10584

Institution: World Bank Group

Pages: 1-31

Publisher Location:

Data Collections: IPUMS USA, IPUMS CPS

Topics: Labor Force and Occupational Structure, Race and Ethnicity

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