The Socio-economic Analysis of the Street Economy in the Twin Cities of Pakistan (Article)
Nasir Iqbal,
Saima Nawaz,
Muhammad Aqeel Anwar
Abstract:
The study provides a socio-economic analysis of the street economy using primary data based on a survey of 1,863 fixed street vendors operating in the Twin Cities of Pakistan. Descriptive analysis shows that street vendors, on average, make a significant profit of US$ 212 per month (29 percent of total monthly revenue). They chose to vend due to the lack of formal education and the unavailability of formal sector jobs. Vendors pay more than 51 percent of their operating cost … Show more
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