Entrepreneurship and unemployment: A nonlinear bidirectional causality?

被引:54
作者
Faria, Joao Ricardo [2 ]
Cuestas, Juan Carlos [1 ]
Mourelle, Estefania [3 ]
机构
[1] Nottingham Trent Univ, Nottingham Business Sch, Nottingham NG1 4BU, England
[2] Univ Texas El Paso, Univ Coll, El Paso, TX 79968 USA
[3] Univ A Coruna, Fac Ciencias Econ & Empresariales, La Coruna, Spain
关键词
New firms; Employment creation; Causality; Nonlinearities; STAR-EXT; BUSINESS; SIZE;
D O I
10.1016/j.econmod.2010.01.022
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper tests the view that the relation between unemployment and entrepreneurship is dynamic and possibly nonlinear. It performs Granger-causality tests and STAR-EXT estimation to assess the causality direction and the nonlinear nature of the relation for a set of OECD countries. The results reveal a bidirectional and nonlinear relation between business creation and changes in unemployment. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码:1282 / 1291
页数:10
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