Finance and demand for skill: Evidence from Uganda

T.H.L. Beck, M. Homanen, Burak Uras

Research output: Contribution to journalArticleScientificpeer-review

Abstract

We explore the empirical interaction between firm growth, financing constraints, and job creation. Using a novel small-business survey from Uganda, we find that the extent to which small businesses expand skilled employment as their sales and profits increase is significantly related to access to external funding, while the hiring of casual and family workers is not. The results are robust to the inclusion of various firm level controls, region and sector fixed effects. We support our findings by providing empirical evidence on the relationship between planned hiring and firms' access to finance.
Original languageEnglish
Pages (from-to)2495-2512
JournalJournal of Development Studies
Volume55
Issue number12
DOIs
Publication statusPublished - Dec 2019

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Finance
Small business
Uganda
Hiring
Inclusion
Access to finance
Business survey
Financing constraints
Empirical evidence
Workers
Firm growth
Funding
Profit
Fixed effects
Job creation
Interaction

Cite this

Beck, T.H.L. ; Homanen, M. ; Uras, Burak. / Finance and demand for skill : Evidence from Uganda . In: Journal of Development Studies. 2019 ; Vol. 55, No. 12. pp. 2495-2512.
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Finance and demand for skill : Evidence from Uganda . / Beck, T.H.L.; Homanen, M.; Uras, Burak.

In: Journal of Development Studies, Vol. 55, No. 12, 12.2019, p. 2495-2512.

Research output: Contribution to journalArticleScientificpeer-review

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