Local economic governance and formalisation of micro and small firms: a gender perspective

Informal enterprises are prevalent in developing countries, and many of these are owned by women. Informally working women are vulnerable and face disadvantages in accessing government support. This study examines the relationship between local economic governance and formalisation of micro and smal...

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Main Authors: Mai-Anh T. Pham, Preety Pratima Srivastava
Format: Article
Language:English
Published: Taylor & Francis Group 2024-12-01
Series:Regional Studies, Regional Science
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/21681376.2024.2427197
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author Mai-Anh T. Pham
Preety Pratima Srivastava
author_facet Mai-Anh T. Pham
Preety Pratima Srivastava
author_sort Mai-Anh T. Pham
collection DOAJ
description Informal enterprises are prevalent in developing countries, and many of these are owned by women. Informally working women are vulnerable and face disadvantages in accessing government support. This study examines the relationship between local economic governance and formalisation of micro and small firms with a focus on gender dynamics. While we find a positive association between the quality of provincial economic governance and businesses’ formalisation status, there is no gender differential effect of economic governance. However, gender disparities emerge when we explore the multidimensions of provincial economic governance separately. Notably, there is a higher probability of women-owned firms to be formal when reduced time cost and effective legal institutions are prevalent in local areas. In contrast, the formalisation of men-owned firms is closely tied to other facets of local governance, notably entry costs and labour training. Our findings will assist policymakers in designing better policy frameworks and implementing more effective institutional reforms to advance gender parity and stimulate the formalisation of women-owned businesses.
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spelling doaj-art-4c1936dfc5ac49a89c8d75cb000f31c32025-08-20T01:58:38ZengTaylor & Francis GroupRegional Studies, Regional Science2168-13762024-12-0111176177610.1080/21681376.2024.2427197Local economic governance and formalisation of micro and small firms: a gender perspectiveMai-Anh T. Pham0Preety Pratima Srivastava1Faculty of International Economics, Diplomatic Academy of Vietnam, Hanoi, VietnamSchool of Economics, Finance and Marketing, RMIT University, Melbourne, AustraliaInformal enterprises are prevalent in developing countries, and many of these are owned by women. Informally working women are vulnerable and face disadvantages in accessing government support. This study examines the relationship between local economic governance and formalisation of micro and small firms with a focus on gender dynamics. While we find a positive association between the quality of provincial economic governance and businesses’ formalisation status, there is no gender differential effect of economic governance. However, gender disparities emerge when we explore the multidimensions of provincial economic governance separately. Notably, there is a higher probability of women-owned firms to be formal when reduced time cost and effective legal institutions are prevalent in local areas. In contrast, the formalisation of men-owned firms is closely tied to other facets of local governance, notably entry costs and labour training. Our findings will assist policymakers in designing better policy frameworks and implementing more effective institutional reforms to advance gender parity and stimulate the formalisation of women-owned businesses.https://www.tandfonline.com/doi/10.1080/21681376.2024.2427197Vietnaminformalformalformalisationgender differencelocal economic governance
spellingShingle Mai-Anh T. Pham
Preety Pratima Srivastava
Local economic governance and formalisation of micro and small firms: a gender perspective
Regional Studies, Regional Science
Vietnam
informal
formal
formalisation
gender difference
local economic governance
title Local economic governance and formalisation of micro and small firms: a gender perspective
title_full Local economic governance and formalisation of micro and small firms: a gender perspective
title_fullStr Local economic governance and formalisation of micro and small firms: a gender perspective
title_full_unstemmed Local economic governance and formalisation of micro and small firms: a gender perspective
title_short Local economic governance and formalisation of micro and small firms: a gender perspective
title_sort local economic governance and formalisation of micro and small firms a gender perspective
topic Vietnam
informal
formal
formalisation
gender difference
local economic governance
url https://www.tandfonline.com/doi/10.1080/21681376.2024.2427197
work_keys_str_mv AT maianhtpham localeconomicgovernanceandformalisationofmicroandsmallfirmsagenderperspective
AT preetypratimasrivastava localeconomicgovernanceandformalisationofmicroandsmallfirmsagenderperspective