Linking Entrepreneurship and Economic Growth in Sweden, 1850–2000

Box, Marcus; Lin, Xiang; Gratzer, Karl

doi:10.1007/978-3-319-28134-6_3

Cited by 5 publications

(4 citation statements)

References 41 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Let us remember that ignoring asymmetry when it is present might produce erroneous inferences in hypothesis testing. Only a few studies have studied the possibility of a nonlinear relationship in country-specific analyses -see Parker et al (2012) for the UK, Congregado et al (2012) for Spain and the US and Box et al (2014) for Sweden. However, to the best of our knowledge, no cross-country studies that account for nonlinearity exist at the present time.…”

Section: End Of Tablementioning

confidence: 99%

Self-Employment and Business Cycles: Searching for Asymmetries in a Panel of 23 Oecd Countries

Carmona

Congregado

Golpe

et al. 2016

Journal of Business Economics and Management

View full text Add to dashboard Cite

The aim of this work is to identify whether the bidirectional relationship between entrepreneurship cycles and output gaps is asymmetric depending on the phase of the business cycle. To this end, we employ a panel threshold regression model in which different relations can prevail in each regime, defined by the values of the threshold variable. The findings of this article qualify previous empirical results. In particular, our estimates provide support for the existence of different responses – both in terms of sign and magnitude – of cyclical self-employment to output growth and of output growth to cyclical self-employment, depending on the value of the threshold variable. The result is highly important for policy makers and practitioners given that whether they ignore the asymmetric impact that an entrepreneurship promotion policy action might have on the real economy, the action might lead to unexpected effects.

show abstract

Section: End Of Tablementioning

confidence: 99%

Self-Employment and Business Cycles: Searching for Asymmetries in a Panel of 23 Oecd Countries

Carmona

Congregado

Golpe

et al. 2016

Journal of Business Economics and Management

View full text Add to dashboard Cite

show abstract

“…H2 proposes that entrepreneurship has a positive effect on economic growth. In this regard, there is extensive literature analyzing the link between both variables [17,[61][62][63][64][65][66][67][68]. Indeed, many previous studies have affirmed a clear positive relationship between entrepreneurship for the case of self-employment as a proxy and economic growth [69][70][71][72].…”

Section: Empirical Analysis and Resultsmentioning

confidence: 99%

An Empirical Study for European Countries: Factors Affecting Economic Growth and Self-Employment by Gender

2020

View full text Add to dashboard Cite

In economic literature, the relationship between entrepreneurship and economic growth has been widely discussed for some time now. In addition to the different theoretical approaches, a considerable amount of empirical works in recent decades have sought to verify the direct link between both variables by analyzing datasets from several distinct geographic areas. On one hand, it highlights the absence of a common indicator to measure entrepreneurship in practice relating to a country’s economic growth; on the other hand, it shows a great diversity of factors determining them. With the aim of providing new empirical evidence in the field of European entrepreneurship, this paper has analyzed data relating to 31 European countries over the last decade by introducing self-employment as an empirical proxy of entrepreneurship. In particular, this study contrasts the positive effect of public expenditure, investment, human capital, and entrepreneurship on economic growth for a wide range of countries and examines the impact of some economic and educational variables on self-employment, such as unemployment, taxes, education, and early school leaving. The estimation method used in this research had to consider the Ordinary Least Squares through a multiple regression model of constant coefficients based on annual Eurostat statistics for the period of 2010 to 2019. The results obtained verify the positive effect of public expenditure, investment, human capital, and entrepreneurship on economic growth. Moreover, the analysis of other factors affecting entrepreneurship, segregated by gender, shows how unemployment and the level of education have a positive impact on self-employment, while significant increases in the tax rate on capital and early school leaving harmed such variable. No significant differences were found between males and females.

show abstract

“…Global Entrepreneurship Monitor (GEM) has suggested 12 different variables to justify the performance of the entrepreneurship ecosystem across countries. Hence, earlier researchers [ [31] , [32] , [33] , [34] , [35] ] used different variables such as self-employment or business ownership rate, employment rate, number of company formations, self-employment rate, entry employment, new establishments firms, new business registration, business ownership rate, self-employment rate, total entrepreneurial activity rate to justify the entrepreneurship ecosystem's performance. A study reported that business ownership rate has a U-shaped relationship with economic development across countries [ 31 ].…”

Section: Review Of Literaturementioning

confidence: 99%

“…In Ref. [ 33 ] authors have studied a positive impact of entrepreneurship ecosystem on economic development in Sweden. The total entrepreneurial activity rate can be used to express the position of entrepreneurship ecosystem [ 34 ].…”

Section: Review Of Literaturementioning

confidence: 99%

Causal association of entrepreneurship ecosystem and financial inclusion

Sharma¹,

Das²,

Singh³

2023

Heliyon

View full text Add to dashboard Cite

Linking Entrepreneurship and Economic Growth in Sweden, 1850–2000

Abstract: Entrepreneurship has gained increasing support from governments in recent decades.

Cited by 5 publications

References 41 publications

Self-Employment and Business Cycles: Searching for Asymmetries in a Panel of 23 Oecd Countries

Self-Employment and Business Cycles: Searching for Asymmetries in a Panel of 23 Oecd Countries

An Empirical Study for European Countries: Factors Affecting Economic Growth and Self-Employment by Gender

Causal association of entrepreneurship ecosystem and financial inclusion

Contact Info

Product

Resources

About