Testing for Hysteresis in Entrepreneurship in 23 OECD Countries

13 Pages Posted: 23 Feb 2010

See all articles by Simon C. Parker

Simon C. Parker

University of Western Ontario; Durham University - Department of Economics and Finance; IZA Institute of Labor Economics

Antonio Golpe

Universidad de Huelva

Emilio Congregado

University of Huelva

Date Written: February 22, 2010

Abstract

We explore the macro structure of entrepreneurship rates in a panel of 23 OECD countries over 1972-2006. We find that rates of entrepreneurship in OECD’s countries exhibit persistence rather than hysteresis. Implications for the design of entrepreneurship policies are discussed.

Keywords: Entrepreneurship, Hysteresis, Multiple breaks, Self-employment, Hysteresis, Panel unit root tests

JEL Classification: C22, C23, J24, M13

Suggested Citation

Parker, Simon C. and Golpe, Antonio and Congregado, Emilio, Testing for Hysteresis in Entrepreneurship in 23 OECD Countries (February 22, 2010). Available at SSRN: https://ssrn.com/abstract=1557290 or http://dx.doi.org/10.2139/ssrn.1557290

Simon C. Parker (Contact Author)

University of Western Ontario ( email )

1151 Richmond Street
Suite 2
London, Ontario N6A 5B8
Canada

Durham University - Department of Economics and Finance ( email )

23/26 Old Elvet
Durham DH1 3HY
United Kingdom
+44 191 3747271 (Phone)

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Antonio Golpe

Universidad de Huelva ( email )

Huelva
Spain
+34959217828 (Phone)
+34959217828 (Fax)

Emilio Congregado

University of Huelva ( email )

Departament of Economics
Plaza de la Merced, 11
Huelva, Huelva 21002
Spain

HOME PAGE: http://www.uhu.es/emilio.congregado

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