Cross-Sectional Profitability of Namibian Formal Small-Scale Mining Firms in 1990

Cross-Sectional Profitability of Namibian Formal Small-Scale Mining Firms in 1990 Namibia considers formal small-scale mining firms (FSSMFs) as an important part of the solution to the problems of high unemployment, poverty, and the diminishing role of large-scale mining firms facing the country. However, to be a solution FSSMFs must be profitable first. This paper examines and presents simple estimates and tests of the probability of 25 Namibian SSMFs being profitable. The results suggest that in terms of productivity, specialization, size and structure, small is not as beautiful as generally presented. The findings recommend capital formation and competitive diversification of production and products. Small Business Economics Springer Journals

Cross-Sectional Profitability of Namibian Formal Small-Scale Mining Firms in 1990

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Kluwer Academic Publishers
Copyright © 1998 by Kluwer Academic Publishers
Business and Management; Management; Microeconomics; Entrepreneurship; Industrial Organization
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