The potential financial upliftment of inner-city street traders through the provision of rental stands

Journal of Economic and Financial Sciences

 
 
Field Value
 
Title The potential financial upliftment of inner-city street traders through the provision of rental stands
 
Creator Callaghan, Chris W. Gwatidzo, Tendai
 
Subject financial development; informal sector; public policy; street trading
Description Historically, policy applied to the informal sector in the Southern African context has been either (i) ‘restrictive’, or aimed at the elimination or eradication of the sector; or has been (ii) ‘promotive’, or aimed at the financial upliftment of certain informal participants in order to enable the potential for economic developmental inherent in the sector. This research provides evidence of the financial impact of one such ‘promotive’ intervention: the provision of street-trader rental stands by local government. Using survey data from 2008, 2009, and 2010, an exploratory parametric research design is applied, using t-tests, Pearson point biserial tests, partial correlation analysis, chi-squared tests and multiple linear regression. Results suggest that the provision of rental stands can (i) significantly reduce gender inequality in earnings; enable traders (ii) to work more hours a day; (iii) to offer more capital-intensive product offerings; and (iv) to obtain higher gross daily earnings.
 
Publisher AOSIS
 
Contributor
Date 2013-10-31
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format application/pdf
Identifier 10.4102/jef.v6i3.250
 
Source Journal of Economic and Financial Sciences; Vol 6, No 3 (2013); 611–630 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/250/330
 
Rights Copyright (c) 2018 Chris Callaghan, Tendai Gwatidzo https://creativecommons.org/licenses/by/4.0
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