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We study the relationships between unemployment rate and new-firm startups rate in France using a quarterly data basis over the 1993-2011 period. At the national level we identify that the refugee effect explains the dynamics of entrepreneurship in France over the period 2000-2011. New French...
Persistent link: https://www.econbiz.de/10010854387
- In French: Dans cet article, nous étudions les liens existants entre les créations d'entreprises, le PIB et le taux de chômage en France à partir de données régionales sur la période 1993-2011. Les interactions sont analysées tant à court terme qu'à long terme sous une double...
Persistent link: https://www.econbiz.de/10010969014
This paper investigates the impact human capital has on new firm formation, traditionally expected to have a positive influence. Individuals are attracted to regions with a stimulating atmosphere and tend to stay within the same region. Since human capital is partly spatially bounded, the size...
Persistent link: https://www.econbiz.de/10005190539
This paper uses an institutional approach to investigate the relationship between the regional institutional environment and regional new firm formation. The importance of perceived attitudes regarding private enterprises, local taxes, political majority, the size of the government sector and...
Persistent link: https://www.econbiz.de/10005419316
It is natural to assume that the characteristics of the bank sector are important factors for new firm formation when external capital is needed for establishing new firms. The local bank sector acts as the main provider of financial funds in Sweden since other sources of external capital are...
Persistent link: https://www.econbiz.de/10010741443
We find new empirical regularities in the business cycle in a cross-country panel of 22 OECD countries for the period 1972 to 2007; entrepreneurship Granger-causes the cycles of the world economy. Furthermore, the entrepreneurial cycle is positively affected by the national unemployment cycle. We...
Persistent link: https://www.econbiz.de/10011009912
Entrepreneurship has a cyclical component, raising two questions. Is the entrepreneurship cycle related to the business cycle? And is there causality? A two-way relationship between entrepreneurship and the business cycle would be in line with the two faces of entrepreneurs: as agents of change...
Persistent link: https://www.econbiz.de/10010959870
We investigate whether people are more willing to become self-employed during boom periods or during recessions and to what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany reveals that there is a positive relationship between...
Persistent link: https://www.econbiz.de/10011271986
This discussion paper resulted in a publication in the 'Review of Economics and Statistics' (2012). Volume 94, issue 4, pages 1143-1156.<P> We study the cyclical pattern of entrepreneurial activity. Results across 22 OECD countries for the period 1972-2007 show that entrepreneurial activity is a...</p>
Persistent link: https://www.econbiz.de/10011255833
Despite the surging interest in entrepreneurship as an economic development strategy, studies of the independent relationship between proprietorship formations and job growth are virtually non-existent. We find that self-employment or proprietorship rates are associated with faster job growth in...
Persistent link: https://www.econbiz.de/10010547738