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force. Using a sample of 76 countries, they find a strong association between the importance of SMEs and GDP per capita … characteristic of successful economies, the data fail to support the hypothesis that SMEs exert a causal impact on growth …. Furthermore, the authors find no evidence that SMEs reduce poverty. Finally, they find qualified evidence that the overall …
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Using a survey dataset of Chinese rural households, we find that access to external finance is positively associated with the decision to become entrepreneur, the initial investment for microenterprises and the use of external finance. Also, we find that the use of informal finance is positively...
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