G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14643
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
URLhttps://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.
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