Introduction -- The importance of everything but oil -- A theory about oil, policymakers, and the business environment -- Oil and the business environment in Iran -- Doing business in India's mining belt -- Reform in the Gulf Arab context: Saudi Arabia since the 1990s -- Conclusion

We construct a structural model of entry into self-employment to evaluate the impact of policies supporting entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the nonpecuniary benefits of running a business and not necessarily because they are good at...