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Article: Studies from T. Sonobe et al further understanding of development economics.
- Article from:
- Economics Week
- Article date:
- November 20, 2009
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According to a study from Tokyo, Japan, "The leather-shoe industry in Ethiopia is thriving, and in the early 2000s it managed to recover the domestic market which had once been swept by imported Chinese shoes."
"Using primary enterprise-level data, this paper finds that the industry has been growing not only because of a number of new entrants but also because of the growth of enterprises that have been improving product quality and developing new marketing systems. Such multifaceted improvements have been introduced by highly educated entrepreneurs, who have successfully expanded the size of their enterprises," wrote T. Sonobe and colleagues.
The ...