Entrepreneurship and welfare
Entrepreneurship and welfare
Here, I examine returns to entrepreneurship using a standard measure of welfare, the per-capita consumption expenditure. This analysis, using quantile regressions, reveals the existence of a welfare hierarchy in occupations. The results suggest that, across the welfare distribution, entrepreneurs who employ others have the highest returns in terms of consumption, while those entrepreneurs who work for themselves, that is, self-employed individuals, have slightly lower returns than the salaried employees. However, self-employment entails higher returns than casual labor and a relative escape from poverty.
developing countries, entrepreneurship, quantile-regressions, self-employment, welfare
65-79
Tamvada, Jagannadha Pawan
767d0374-3cc1-4822-adb6-f22b7a1f6531
January 2010
Tamvada, Jagannadha Pawan
767d0374-3cc1-4822-adb6-f22b7a1f6531
Abstract
Here, I examine returns to entrepreneurship using a standard measure of welfare, the per-capita consumption expenditure. This analysis, using quantile regressions, reveals the existence of a welfare hierarchy in occupations. The results suggest that, across the welfare distribution, entrepreneurs who employ others have the highest returns in terms of consumption, while those entrepreneurs who work for themselves, that is, self-employed individuals, have slightly lower returns than the salaried employees. However, self-employment entails higher returns than casual labor and a relative escape from poverty.
Text
10.1007-s11187-009-9195-5.pdf
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e-pub ahead of print date: 6 May 2009
Published date: January 2010
Keywords:
developing countries, entrepreneurship, quantile-regressions, self-employment, welfare
Organisations:
Strategy, Innovation & Entrepreneurship
Identifiers
Local EPrints ID: 354329
URI: http://eprints.soton.ac.uk/id/eprint/354329
PURE UUID: b2398d41-e22f-41bd-b4fc-2eb6799d5959
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Date deposited: 08 Jul 2013 15:48
Last modified: 15 Mar 2024 03:48
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