Sri Lanka’s Rural Non-Farm Economy: Removing Constraints to Pro-Poor Growth |
| |
Authors: | Klaus Deininger Songqing Jin Mona Sur |
| |
Affiliation: | aThe World Bank, Washington, DC, USA;bMichigan State University, East Lansing, Michigan, USA |
| |
Abstract: | We use a survey of rural enterprises from Sri Lanka to explore characteristics of the informal non-farm sector and identify obstacles to its expansion and productivity. Value added in this sector amounts to 80% of agricultural GDP participating households’ incomes are significantly higher than those of households who do not participate. Barriers to entry are low and the impact of non-farm development on inequality modest, implying a large potential contribution to growth and poverty reduction. Infrastructure constraints negatively affect new startups, investment in, and productivity of existing enterprises, with small enterprises being particularly affected. |
| |
Keywords: | Sri Lanka Asia non-farm investment climate poverty inequality |
本文献已被 ScienceDirect 等数据库收录! |
|