Impacto económico del empredimiento en una economía regional: el caso de Andalucía

Joaquin Garcia-Tapial and Manuel Alejandro Cardenete
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Joaquin Garcia-Tapial: Universidad Loyola Andalucía

Working Papers from Universidad Loyola Andalucía, Department of Economics

Abstract: Although traditionally entrepreneurship has been considered as one of the engines of economic activity, it has not been until recent years that public authorities have made a planned and organized effort to support the entrepreneurial initiative. However, even though many millions of euros are invested annually in this support, the effectiveness of such investment is rarely measured in terms of the impact of entrepreneurial activity on the economy. For this reason, in this paper we analyze the effect of this activity (entrepreneurship) on a regional economy and its impact on it. To do so, we develop a Computable General Equilibrium (CGE) model for the Andalusian economy for 2015, within a top-down approach. The model is based in the Andalusian Social Accounting Matrix (SAM) updated for the year 2015. A SAM is a statistical-accounting instrument that collects all the information of an economic system and, in addition, closes the circular flow of incomes, considering direct, indirect and induced effects. This gives an overview of the implications of the economic flows on the different sectors of activity and at the same time details and completes them. The SAM for Andalusia 2015 has a disaggregation level of 35 economic activities (27 productive sectors plus 8 endogenous accounts that include items such as capital, consumption, labor, investment, taxes, public sector and sector Exterior). In order to obtain the impact vector for the entrepreneurial activity, necessary to make the estimates for each one of the activity sector, the statistical official information available about business creation in Andalusia has been used. The results will show the effects on Gross domestic product, Productive Output and employment creation and its distribution by sectors of Activity.

Keywords: Social Accounting Matrix; Entrepreneurship; Andalusia; Regional Economy. (search for similar items in EconPapers)
JEL-codes: C63 C68 D58 L26 R13 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2018-05
New Economics Papers: this item is included in nep-cmp, nep-ent and nep-sbm
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