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http://hdl.handle.net/10419/45041
  
Title:Entrepreneurship and welfare PDF Logo
Authors:Tamvada, Jagannadha Pawan
Issue Date:2009
Series/Report no.:Research paper / UNU-WIDER 2009.21
Abstract:We examine returns to entrepreneurship using a standard measure of welfare, the percapita consumption expenditure. The analysis, using quantile regressions, reveals the existence of a welfare hierarchy in occupations. The results suggest that, across the welfare distribution, entrepreneurs who employ others have the highest returns in terms of consumption, while those entrepreneurs who work for themselves, that is, selfemployed individuals, have slightly lower returns than the salaried employees. However, self-employment entails higher returns than casual labor and a relative escape from poverty.
Subjects:entrepreneurship
self-employment
welfare
developing countries
quantile regressions
JEL:J24
J43
J44
L26
ISBN:978-92-9230-190-3
Document Type:Working Paper
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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