The Role of Small Business in Economic Growth and Poverty Alleviation in West Virginia: An Empirical Analysis

Gebremeskel Gebremariam (), Tesfa Gebremedhin () and Randall Jackson ()
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Gebremeskel Gebremariam: Department of Economics, Virginia Tech
Tesfa Gebremedhin: Regional Research Institute, West Virginia University

Working Papers from Regional Research Institute, West Virginia University

Abstract: The main objective of the study is to empirically evaluate the critical roles of small businesses in economic growth and poverty alleviation in West Virginia. In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A strong inverse relationship also exists between the incidence of poverty and small business and economic growth. Thus, the empirical result establishes the linkage between small business, economic growth and the incidence of poverty.

Keywords: small businesses; economic growth; incidence of poverty (search for similar items in EconPapers)
JEL-codes: P25 Q56 R11 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2004-08-01
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Citations: View citations in EconPapers (5)

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Related works:
Working Paper: THE ROLE OF SMALL BUSINESS IN ECONOMIC GROWTH AND POVERTY ALLEVIATION IN WEST VIRGINIA: AN EMPIRICAL ANALYSIS (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:rri:wpaper:2004wp10

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