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Keywords: Compounded annual growth rate
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Journal Articles
Journal of Entrepreneurship in Emerging Economies (2017) 9 (2): 121–143.
Published: 05 June 2017
... and compounded annual growth rate (CAGR) techniques. Findings The results indicate that firms from the formal sector do not grow faster than firms from the informal sector. on the contrary, our tests reveal that firms from the informal sector predominantly grow faster than firms from the formal sector...
