Entrepreneurship and Welfare

Jagannadha Pawan Tamvada

No UNU-WIDER Research Paper RP2009/21, Working Papers 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 xpenditure. 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: entrepreneurship; self-employment; welfare; developing countries; quantile regressions (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ent and nep-sbm
Date: 2009
View list of references

Downloads: (external link)
http://www.wider.unu.edu/stc/repec/pdfs/rp2009/RP2009-21.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:unu:wpaper:rp2009-21

Access Statistics for this paper

More papers in Working Papers from World Institute for Development Economic Research (UNU-WIDER)
Contact information at EDIRC.
Series data maintained by Bruck Tadesse ().