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http://hdl.handle.net/10419/25711
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| Title: | | Total factor productivity and the role of entrepreneurship  |
| Authors: | | Erken, Hugo Donselaar, Piet Thurik, A. Roy |
| Issue Date: | | 2008 |
| Series/Report no.: | | Jena economic research papers 2008,019 |
| Abstract: | | Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that when this variable is added - in all models there is a significant influence of entrepreneurship while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of business owners per workforce) corrected for the level of economic development (GDP per capita). |
| Subjects: | | Total factor productivity research and development entrepreneurship OECD |
| JEL: | | E20 L26 M13 O10 O30 O40 O50 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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