TY - JOUR
T1 - Finance and demand for skill
T2 - Evidence from Uganda
AU - Beck, T.H.L.
AU - Homanen, M.
AU - Uras, Burak
PY - 2019/12
Y1 - 2019/12
N2 - 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.
AB - 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.
U2 - 10.1080/00220388.2018.1539477
DO - 10.1080/00220388.2018.1539477
M3 - Article
SN - 1743-9140
VL - 55
SP - 2495
EP - 2512
JO - Journal of Development Studies
JF - Journal of Development Studies
IS - 12
ER -