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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP14643 |
DP14643 Entrepreneurship and the fight against poverty in US Cities | |
Neil Lee; Andrés Rodríguez-Pose | |
发表日期 | 2020-04-20 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Entrepreneurship is sometimes portrayed as a cure-all solution for poverty reduction. Proponents argue it leads to job creation, higher incomes, and lower poverty rates in the cities in which it occurs. Others, by contrast, posit that many entrepreneurs are actually creating low-productivity firms serving local markets. Yet, despite this debate, little research has considered the impact of entrepreneurship on poverty in cities. This paper addresses this gap using a panel of US cities for the period between 2005 and 2015. We hypothesise that the impact of entrepreneurship depends on whether it occurs in tradeable sectors – and, therefore, is more likely to have positive local multiplier effects – or non-tradable sectors, which may saturate local markets. We find that entrepreneurship in tradeables reduces poverty and increases incomes for non-entrepreneurs. The result is confirmed using an instrumental variable approach, employing the inheritance of entrepreneurial traits as an instrument. In contrast, while there are some economic benefits from non-tradeable entrepreneurship, we find these are not large enough to reduce poverty. |
主题 | International Trade and Regional Economics |
关键词 | entrepreneurship Poverty Cities Economic development Usa |
URL | https://cepr.org/publications/dp14643 |
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/543556 |
推荐引用方式 GB/T 7714 | Neil Lee,Andrés Rodríguez-Pose. DP14643 Entrepreneurship and the fight against poverty in US Cities. 2020. |
条目包含的文件 | 条目无相关文件。 |
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