THE IMPACT OF ENTREPRENEURSHIP TO ECONOMIC GROWTH IN TUNISIA: APPLICATION OF THE ARDL MODEL

Neila Ben Afia, Imtinen Ben Saied and Radhia Amairia
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Neila Ben Afia: Laboratory Research for Economy, Management and Quantitative Finance (LaREMFiQ) University of Sousse
Imtinen Ben Saied: laboratory of economics of sustainable development, natural resources and agriculture (LEDDRNA), University of Tunis El Manar
Radhia Amairia: Faculty of Economic Sciences and Management of Sousse, University of Sousse, Tunisia

UTMS Journal of Economics, 2024, vol. 15, issue 2, 164-171

Abstract: Entrepreneurship is human action, generating value on the market through the creation or development of an economic activity, evolving with this value to ultimately affect the economy, with the aim of better meet the individual and collective needs of a territory. Thus, it becomes essential to understand the entrepreneurial paradigm. The objective of this study is to study and analyze the link between entrepreneurship and economic growth in Tunisia based on data collected from the World Bank between 2006 and 2020. The application of the ARDL model shows a relationship significant between the chosen variables likely to have a significant effect. However, the estimation results indicate that entrepreneurial dynamics have a significant and positive effect on economic growth.

Keywords: entrepreneurship; economic growth; ARDL model; Tunisia. (search for similar items in EconPapers)
JEL-codes: B41 L26 M21 (search for similar items in EconPapers)
Date: 2024
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