| Titel | Does Entrepreneurship Reduce Unemployment? |
|---|---|
| Auteur | Audretsch, D.B. (David); Carree, M.A. (Martin); Thurik, A.R. (Roy) |
| Datum | 2001-08-02 |
| Trefwoord(en) | entrepreneurship, unemployment, economic development, Gibrat's Law |
| Taal | Engels |
| Type | working paper |
| Samenvatting | The relationship between unemployment and entrepreneurship has been shrouded with ambiguity. There is assumed to be a two-way causation between changes in the level of entrepreneurship and that of unemployment-- a "Schumpeter" effect of entrepreneurship reducing unemployment and a "refugee" or "shopkeeper" effect of unemployment stimulating entrepreneurship. The purpose of this paper is to try to reconcile the ambiguities found in the relationship between unemployment and entrepreneurship. We do this by introducing a two equation model where changes in unemployment and in the number of business owners are linked to subsequent changes in those variables for a panel of 23 OECD countries over the period 1974-1998. The existence of two distinct and separate relationships between unemployment and entrepreneurship is identified including significant "Schumpeter" and "refugee" effects. |
| Publicatie | http://hdl.handle.net/1765/6857 |
| Persistent Identifier | urn:NBN:nl:ui:15-1765/6857 |
| Metadata | XML |
| Repository | Erasmus Universiteit Rotterdam |
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