Table 1 Distribution of Sri Lanka firms by initial size, change in employment over the years, and EPZ status (%), 1995 – 2003
From: Mandatory costs by firm size thresholds: firm location, growth and death in Sri Lanka
EPZ firms | Percent of sample | Shrink | Stay | Grow | Total |
Less than 14 workers | 22.5 | 29.3 | 26.7 | 44.0 | 100.0 |
14 workers | 1.1 | 45.8 | 13.6 | 40.7 | 100.0 |
More than 14 workers | 76.4 | 45.4 | 2.2 | 52.4 | 100.0 |
Total EPZ workers = 5,441 | |||||
Non EPZ firms | Percent of sample | Shrink | Stay | Grow | Total |
Less than 14 workers | 75.6 | 37.2 | 40.8 | 22.0 | 100.0 |
14 workers | 1.2 | 53.9 | 13.2 | 32.9 | 100.0 |
More than 14 workers | 23.2 | 55.8 | 5.1 | 39.1 | 100.0 |
Total nonEPZ workers = 320,866 |