What are firms' characteristic/entrepreneur attribute associated with the formalisation in Colombia?

23 January 2020 0 5K Report

I am looking for papers or studies about the probability to move from the informal to informal sector in Colombia for microenterprises.

Out there, there are different model explaining the causes that faciltate or hindere formalization. However, what are the intrinsic characteristic of those firms that have a larger probability to move from the informal to formal sector?

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