Entrepreneurial discrete choice: Modelling decisions between self-employment, employer and worker status. Working paper 15

Robert Bennett, Piero Montebruno, Harry Smith and Carry van Lieshout

MPRA Paper from University Library of Munich, Germany

Abstract: This paper estimates an entrepreneurial choice model between different forms of business organisation, focusing on the choice to operate as a sole proprietor operating on own account, or as an employer, rather than as a waged employee. ‘Own account’ was the phrasing used through the censuses of the period we cover: it describes an entrepreneur who operates as self-employed on their own with no employees. A discrete choice decision model is used to estimate probabilities of different choices using the large scale data for England and Wales contained in the ‘British Business Census of Entrepreneurs 1851-1911’ to be deposited at UKDA. This paper uses the data for the later censuses, 1891-1911. This database is one of the outputs of ESRC project ES/M010953 Drivers of Entrepreneurship and Small Businesses’.

Keywords: Entrepreneurship; Employers; Self-employment; Small businesses; Census (search for similar items in EconPapers)
JEL-codes: D13 D22 L25 L26 (search for similar items in EconPapers)
Date: 2019-02
New Economics Papers: this item is included in nep-dcm, nep-ent and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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