- A-Z
- Jena Economic Resea...
- Volume 2
- Total factor produc...
Total factor productivity and the role of entrepreneurship
- Autor(in)
- Erschienen
- 14. März 2008
- Nummer des Discussion-Papers
-
2008-019
- Schlagwort(e)
-
entrepreneurship
OECD
research and development
Total factor productivity
- Zusammenfsg.
-
Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of business owners per workforce) corrected for the level of economic development (GDP per capita).
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- article research fields JER
- entrepreneurship
- JEL-Classification for JER
- E20 - General ; L26 - Entrepreneurship ; M13 - New Firms; Startups ; O10 - General ; O30 - General ; O40 - General