The lag structure of the impact of business ownership on economic performance in OECD countries

被引：113
|
作者：
Carree, M. A.
Thurik, A. R.
机构：
[1] Univ Maastricht, Fac Econ & Business Adm, NL-6200 MD Maastricht, Netherlands
[2] Erasmus Univ, CASBEC, NL-3000 DR Rotterdam, Netherlands
[3] EIM, NL-2701 AA Zoetermeer, Netherlands
来源：
SMALL BUSINESS ECONOMICS | 2008年 / 30卷 / 01期
关键词：
business ownership; entrepreneurship; economic growth; lag structure;
D O I：
10.1007/s11187-006-9007-0
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper investigates the impact of changes in the number of business owners on three measures of economic performance, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure. The analysis is performed at the country level for 21 OECD countries. Our results confirm earlier evidence on three stages in the impact of entry on economic performance: an initial direct positive effect, followed by a negative effect due to exiting capacities and finally a stage of positive supply-side effects. The net effect is positive for employment and GDP growth. Changes in the number of business owners have no effect on labor productivity.
引用
收藏
页码：101 / 110
页数：10
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