The Demand for, and Consequences of, Formalization among Informal Firms in Sri Lanka

A field experiment in Sri Lanka provides informal firms incentives to formalize. Information about the registration process and reimbursement of direct costs does not increase registration. Payments equivalent to one-half to one month (alternatively, two months) of the median firm's profits lea...

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Bibliographic Details
Main Authors: de Mel, Suresh, McKenzie, David, Woodruff, Christopher
Language:en_US
Published: American Economic Association 2014
Subjects:
Online Access:http://hdl.handle.net/10986/17927