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dc.contributor.authorvan Acht, Joosten_US
dc.contributor.authorStam, Joopen_US
dc.contributor.authorThurik, A. Royen_US
dc.contributor.authorVerheul, Ingriden_US
dc.date.accessioned2009-01-28T16:09:51Z-
dc.date.available2009-01-28T16:09:51Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/19954-
dc.description.abstractThe influence of industrial structure, more specifically of business ownership, is investigated on the level of unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of unemployment. It will be concluded that Japan is hardly an outlier when using a simple model of the relationship between unemployment and the rate of business ownership. The model is calibrated using recent data of 23 OECD countries. It shows a minor underestimation of the rise in unemployment in Japan in the period 1984-2002. Arguments are brought forward why this might be the case. We argue that small firms in Japan have benefitted in the past from the protective environment of the keiretsu structure. In the current process of industrial restructuring, keiretsu support is dissipating, but has not yet been adequatly replaced with a market environment conducive to the establishment and growth of entrepreneurial firms. The underestimation of the rise in unemployment is a reflection of the limited access of small firms to the market in Japan.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesPapers on entrepreneurship, growth and public policy 0904en_US
dc.subject.jelL50en_US
dc.subject.jelO30en_US
dc.subject.jelO10en_US
dc.subject.jelL16en_US
dc.subject.jelM13en_US
dc.subject.jelE24en_US
dc.subject.ddc330en_US
dc.subject.keywordentrepreneurshipen_US
dc.subject.keywordbusiness ownershipen_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordeconomic growthen_US
dc.subject.keywordJapanen_US
dc.subject.stwUnternehmenen_US
dc.subject.stwEigentümerstrukturen_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwJapanen_US
dc.titleBusiness ownership and unemployment in Japanen_US
dc.typeWorking Paperen_US
dc.identifier.ppn38492557Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik

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