The effect of financial capital on inner-city street trading

Journal of Economic and Financial Sciences

 
 
Field Value
 
Title The effect of financial capital on inner-city street trading
 
Creator Callaghan, Chris
 
Subject informal sector; initial investment; street traders; earnings; satisfaction
Description This study extends and tests conceptions offered by the nutrition model of efficiency wage theory into the informal street-trading context. Three street-trader samples from 2008, 2009 and 2010 were drawn from the Johannesburg city centre. Statistical parametric and non-parametric analysis was used for a longitudinal investigation of certain associations of initial investment, or the money investments of street traders at start-up. Partial correlation analysis was used for further analysis of the 2010 sample. Findings suggest that policymaker interventions might best target traders earning under a threshold of earnings of about R230 per day. More specifically, training might offer such traders insight into how to change their product offerings to products associated with higher returns. Further, any interventions that might raise street-trader earnings above this threshold might enable such traders to obtain a positive return on capital invested in the sector.
 
Publisher AOSIS
 
Contributor
Date 2012-04-30
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format application/pdf
Identifier 10.4102/jef.v5i1.307
 
Source Journal of Economic and Financial Sciences; Vol 5, No 1 (2012); 83-102 2312-2803 1995-7076
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://jefjournal.org.za/index.php/jef/article/view/307/390
 
Rights Copyright (c) 2018 Chris Callaghan https://creativecommons.org/licenses/by/4.0
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