Entrepreneurship and Welfare

Jagannadha Tamvada

No RP2009-21, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: We examine returns to entrepreneurship using a standard measure of welfare, the per capita consumption expenditure. Using quantile regressions, we find welfare hierarchy in occupations. The results suggest that, across the welfare distribution, entrepreneurs who employ others have the high-test returns in terms of consumption, while those entrepreneurs who work for themselves, that is, self-employed individuals, have slightly lower returns than the salaried employees. However, self-employment entails higher returns than casual labour and an escape from poverty.

Keywords: Agricultural labourers; Consumption; Employees; Entrepreneurship; Public welfare (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-ent and nep-sbm
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Citations: View citations in EconPapers (2)

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Journal Article: Entrepreneurship and welfare (2010)
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