Entrepreneurship and welfare

Tamvada, Jagannadha Pawan (2010). Entrepreneurship and welfare. Small Business Economics, 34 (1), pp. 65-79.

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.

Publication DOI: https://doi.org/10.1007/s11187-009-9195-5
Divisions: Aston Business School > Economics finance & entrepreneurship
Additional Information: © The Author(s) 2009. This article is published with open access at Springerlink.com
Uncontrolled Keywords: developing countries,entrepreneurship,quantile regressions,self-employment,welfare,Economics and Econometrics,Business, Management and Accounting(all)
Full Text Link: http://www.spri ... 831635036205j2/
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
Published Date: 2010-01
Authors: Tamvada, Jagannadha Pawan

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