The Association of Education with Entrepreneurial Propensity and Entrepreneurial Income of Recent Canadian Graduates: A Tax Data Analysis

Megan Salter and Eman Almehdawe

Canadian Public Policy, 2022, vol. 48, issue 3, 422-450

Abstract: This work examines the association of post-secondary credentials and fields of study on the earnings of recent university graduates and their propensity to become entrepreneurs. To this end, we analyze an administrative database that links post-secondary records from public educational institutions in Canada with income tax records from the Canadian Revenue Agency. The findings of this analysis showed that entrepreneurs who hold a PhD tend to earn significantly more than those who do not, and that certain fields of study tend to be associated with higher incomes. However, the results also showed that the odds of entering entrepreneurship decrease as higher credential levels are achieved. Thus, this research further demonstrates the potential relationship between education and entrepreneurial success.

Keywords: entrepreneurial income; post-secondary education; Education and Labour Market Longitudinal Platform; tax data; Canadian graduates income (search for similar items in EconPapers)
Date: 2022
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