Determinants of firm exit and growth in the food processing sector: Evidence from Ghana
We explore the determinants of firm exit and growth in the food processing sector using nationally representative data for 745 firms in Ghana. In our sample, 168 of the firms exited the sector during the period 2014-2017. Firms were more likely to exit if they were in a rural district, were younger,...
| Autores principales: | , |
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| Formato: | Conference Paper |
| Lenguaje: | Inglés |
| Publicado: |
2018
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/146748 |
| _version_ | 1855519243253055488 |
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| author | Andam, Kwaw S. Asante, Seth |
| author_browse | Andam, Kwaw S. Asante, Seth |
| author_facet | Andam, Kwaw S. Asante, Seth |
| author_sort | Andam, Kwaw S. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | We explore the determinants of firm exit and growth in the food processing sector using nationally representative data for 745 firms in Ghana. In our sample, 168 of the firms exited the sector during the period 2014-2017. Firms were more likely to exit if they were in a rural district, were younger, and were involved in grain milling, but there was little impact of firm size on the likelihood of exit. In terms of firm growth, we find that tax registration, combined with registration with the national food regulator, had positive impacts on firm growth, while tax registration alone has a weaker effect. Therefore, for the food processing sector, efforts to promote formalization of firms for tax purposes would yield greater benefits if firms are also encouraged to undergo regulatory inspections and certification. |
| format | Conference Paper |
| id | CGSpace146748 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2018 |
| publishDateRange | 2018 |
| publishDateSort | 2018 |
| record_format | dspace |
| spelling | CGSpace1467482024-11-13T12:23:08Z Determinants of firm exit and growth in the food processing sector: Evidence from Ghana Andam, Kwaw S. Asante, Seth trade cycles foods economic growth food technology biosafety regulations food industry regulations milling industry food processing industrialization We explore the determinants of firm exit and growth in the food processing sector using nationally representative data for 745 firms in Ghana. In our sample, 168 of the firms exited the sector during the period 2014-2017. Firms were more likely to exit if they were in a rural district, were younger, and were involved in grain milling, but there was little impact of firm size on the likelihood of exit. In terms of firm growth, we find that tax registration, combined with registration with the national food regulator, had positive impacts on firm growth, while tax registration alone has a weaker effect. Therefore, for the food processing sector, efforts to promote formalization of firms for tax purposes would yield greater benefits if firms are also encouraged to undergo regulatory inspections and certification. 2018-11-05 2024-06-21T09:08:34Z 2024-06-21T09:08:34Z Conference Paper https://hdl.handle.net/10568/146748 en Open Access Andam, Kwaw; and Asante, Seth. 2018. Determinants of firm exit and growth in the food processing sector: Evidence from Ghana. 30th International Conference of Agricultural Economists. July 28 - August 2, 2018. Vancouver, British Columbia. http://purl.umn.edu/277487 |
| spellingShingle | trade cycles foods economic growth food technology biosafety regulations food industry regulations milling industry food processing industrialization Andam, Kwaw S. Asante, Seth Determinants of firm exit and growth in the food processing sector: Evidence from Ghana |
| title | Determinants of firm exit and growth in the food processing sector: Evidence from Ghana |
| title_full | Determinants of firm exit and growth in the food processing sector: Evidence from Ghana |
| title_fullStr | Determinants of firm exit and growth in the food processing sector: Evidence from Ghana |
| title_full_unstemmed | Determinants of firm exit and growth in the food processing sector: Evidence from Ghana |
| title_short | Determinants of firm exit and growth in the food processing sector: Evidence from Ghana |
| title_sort | determinants of firm exit and growth in the food processing sector evidence from ghana |
| topic | trade cycles foods economic growth food technology biosafety regulations food industry regulations milling industry food processing industrialization |
| url | https://hdl.handle.net/10568/146748 |
| work_keys_str_mv | AT andamkwaws determinantsoffirmexitandgrowthinthefoodprocessingsectorevidencefromghana AT asanteseth determinantsoffirmexitandgrowthinthefoodprocessingsectorevidencefromghana |