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Entrepreneurship and welfare

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  • Jagannadha Tamvada

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Abstract

We examine returns to entrepreneurship using a standard measure of welfare, the per capita consumption xpenditure. Using quantile regressions, we find welfare hierarchy in occupations. The results suggest that, across the welfare distribution, entrepreneurs who employ others have the high-test 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 labour and an escape from poverty.

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File URL: http://hdl.handle.net/10.1007/s11187-009-9195-5
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Bibliographic Info

Article provided by Springer in its journal Small Business Economics.

Volume (Year): 34 (2010)
Issue (Month): 1 (January)
Pages: 65-79

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Handle: RePEc:kap:sbusec:v:34:y:2010:i:1:p:65-79

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Web page: http://www.springerlink.com/link.asp?id=100338

Related research

Keywords: Developing countries; Entrepreneurship; Quantile regressions; Self-employment; Welfare; J24; J43; J44; L26;

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Cited by:
  1. Naude, Wim, 2009. "Entrepreneurship is not a Binding Constraint on Growth and Development in the Poorest Countries," Working Paper Series Research Paper No. 2009-4, World Institute for Development Economic Research (UNU-WIDER).
  2. Alex Coad & Jaganaddha Tamvada, 2012. "Firm growth and barriers to growth among small firms in India," Small Business Economics, Springer, vol. 39(2), pages 383-400, September.
  3. Martin Binder & Alex Coad, 2010. "Life satisfaction and self-employment: A matching approach," SPRU Working Paper Series 194, SPRU - Science and Technology Policy Research, University of Sussex.

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