@techreport{NBERw11224, title = "SMEs, Growth, and Poverty", author = "Thorsten Beck and Asli Demirguc-Kunt and Ross Levine", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "11224", year = "2005", month = "March", URL = "http://www.nber.org/papers/w11224", abstract = {This paper explores the relationship between the relative size of the Small and Medium Enterprise (SME) sector, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force. Using a sample of 45 countries, we find a strong, positive association between the importance of SMEs and GDP per capita growth. The data do not, however, confidently support the conclusions that SMEs exert a causal impact on growth. Furthermore, we find no evidence that SMEs alleviate poverty or decrease income inequality.}, }