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首页> 外文期刊>Journal of Development Economics >Strict duality and overlapping productivity distributions between formal and informal firms
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Strict duality and overlapping productivity distributions between formal and informal firms

机译：正规和非正式公司之间的严格二元性和重叠的生产率分布

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This paper develops a multi-industry general equilibrium model where entrepreneurs within each industry can decide to operate formally or informally. The model generates a rich set of predictions including productivity cut-offs for formal and informal firms to operate within different industries. We allow fixed costs to vary across industries, resulting in overlapping productivity distributions between formal and informal firms in the aggregate, but strict duality within industries. In doing so, we are able to generate and test predictions with regard to heterogeneity in informality across industries for the case of Indian manufacturing establishments. Consistent with the model, we find that the overlap between formal and informal establishments in the aggregate is larger than the overlaps within industries. Informality tends to decrease with average industry productivity and establishment size. Finally, more productive industries have greater overlaps in productivity between formal and informal establishments.
机译：本文介绍了一个多工业一般均衡模型，每个行业内的企业家都可以决定正式或非正式操作。该模型产生丰富的预测，包括用于正式和非正式公司在不同行业中运营的生产率截止。我们允许固定成本在行业中各不相同，导致正式和非正式公司之间的生产率分布重叠，但在行业中严格的二元性。在这样做时，我们能够在印度制造机构的情况下在行业的非正式方面产生和测试预测。与模型一致，我们发现总体和非正式机构之间的重叠大于行业内的重叠。非正式性倾向于降低平均行业生产力和建立规模。最后，在正式和非正式机构之间的生产率方面具有更大的生产力。

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