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The Impact of Entrepreneurship on Economic Growth in Industrialized Countries Covering 2001-2019
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The Impact of Entrepreneurship on Economic Growth in Industrialized Countries Covering 2001-2019
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Journal Article
The Impact of Entrepreneurship on Economic Growth in Industrialized Countries Covering 2001-2019
2021
Overview
This paper aims to examine the impact of entrepreneurship on economic growth, using GDP per person employed as dependent variable, and entrepreneurship computed by Total Early-Stage Entrepreneurial Activity (TEA), Financing for Entrepreneurs (FNCENT), and Government Entrepreneurship Programs (GEP) as independent variables; and other control variables. The data consists of 28 industrialized countries covering 2001-2019. The estimation results of an augmented Solow panel data model of 28 industrialized countries covering 2001-2019, reached to a significantly negative impact only of (TEA) in the in static model. While the dynamic panel GMM estimation indicates a significantly negative impact of (TEA), and a significantly positive impact of (GEP).
Publisher
جامعة الشهيد حمه لخضر الوادي - كلية العلوم الاقتصادية والتجارية وعلوم التسيير
Subject
