| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5045 |
| DP5045 Trade Preferences to Small Developing Countries and the Welfare Costs of Lost Multilateral Liberalization | |
| Marcelo Olarreaga; Nuno Limão | |
| 发表日期 | 2005-05-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | This paper investigates the dynamic relationship between self-employment and unemployment rates. On the one hand, high unemployment rates may lead to start-up activity of self-employed individuals (the 'refugee' effect). On the other hand, higher rates of self employment may indicate increased entrepreneurial activity reducing unemployment in subsequent periods (the 'entrepreneurial' effect). This paper introduces a new two-equation vector autoregression model capable of reconciling these ambiguities and estimates it for data from 23 OECD countries between 1974 and 2002. The empirical results confirm the existence of two distinct relationships between unemployment and self-employment: the 'refugee' and 'entrepreneurial' effects. We also find that the 'entrepreneurial' effects are considerably stronger than the 'refugee' effects. |
| 主题 | Industrial Organization |
| 关键词 | Unemployment Self-employment Entreprenuership |
| URL | https://cepr.org/publications/dp5045 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533942 |
| 推荐引用方式 GB/T 7714 | Marcelo Olarreaga,Nuno Limão. DP5045 Trade Preferences to Small Developing Countries and the Welfare Costs of Lost Multilateral Liberalization. 2005. |
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