The Lag Structure of the Impact of Business Ownership on Eco-nomic Performance in OECD Countries

Martin Carree and Roy Thurik

Papers on Entrepreneurship, Growth and Public Policy from Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group

Abstract: This note investigates the impact of changes in the number of business owners on three measures of economic performance, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure. The analysis is performed at the country level for 21 OECD countries. Our results confirm earlier evidence on three stages in the impact of entry on economic growth: an initial direct positive effect, followed by a negative effect due to exiting capacities and finally a stage of positive supply-side effects. The net effect is positive for employment and GDP growth. Changes in the number of business owners have no effect on labor productivity.

Keywords: Business ownership; entrepreneurship; economic growth; lag structure (search for similar items in EconPapers)
JEL-codes: M13 O40 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2006-01
New Economics Papers: this item is included in nep-ent
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
ftp://papers.econ.mpg.de/egp/discussionpapers/2006-02.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Failed to connect to FTP server papers.econ.mpg.de: No such host is known.

Related works:
Journal Article: The Lag Structure of the Impact of Business Ownership on Economic Performance in OECD Countries (2008)
Working Paper: The Lag Structure of the Impact of Business Ownership on Economic Performance in OECD Countries (2006)
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: https://EconPapers.repec.org/RePEc:esi:egpdis:2006-02

Ordering information: This working paper can be ordered from
http://www.econ.mpg. ... arch/EGP/discuss.php

Access Statistics for this paper

More papers in Papers on Entrepreneurship, Growth and Public Policy from Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group Contact information at EDIRC.
Bibliographic data for series maintained by Kerstin Schück ( this e-mail address is bad, please contact ).