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We explore the role of entrepreneurship in economic growth and development, paying particular attention to types of entrepreneurship (such as necessity- versus opportunity-based) and the various means by which entrepreneurship can be modeled. This includes a model of knowledge accumulation as a...
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The objective of this applied research project is to use Wisconsin county sales tax data to identify the strengths and weaknesses of selected retail and service sectors. Using "count" data on the number of businesses that report taxable sales we apply regression analysis to develop an estimate...
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Count data models that incorporate the existence of excess zero observations were employed to estimate minimum demand thresholds for rural Wisconsin retail sectors. It was found that single- and double-hurdle models improved the estimation of rural retail minimum demand thresholds.
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