Proprietorship Formations and U.S. Job Growth
AbstractDespite the surging interest in entrepreneurship as an economic development strategy, studies of the independent relationship between proprietorship formations and job growth are virtually non-existent. We find that self-employment or proprietorship rates are associated with faster job growth in the wage-and-salary sector, and the effect is statistically significant. The relative magnitude of this effect varies with the business cycle, being stronger during economic expansions and weaker during contractions. Further, the effect is stronger in metropolitan than in non-metropolitan counties.
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Bibliographic InfoArticle provided by Southern Regional Science Association in its journal Review of Regional Studies.
Volume (Year): 37 (2007)
Issue (Month): 2 ()
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Business Cycle; Contraction; Cycle; Expansion; Self Employment;
Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
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- Maureen Kilkenny, 2010. "Urban/Regional Economics And Rural Development," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 449-470.
- Willis, David B. & Boys, Kathryn A. & Hughs, David W. & Swindall, Devin C., 2012. "Evaluating the Determinants of Self-Employed Income Across Regional Economies: A Case-Study of the U.S. Southeast," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124912, Agricultural and Applied Economics Association.
- Sierdjan Koster, 2011. "Individual foundings and organizational foundings: their effect on employment growth in The Netherlands," Small Business Economics, Springer, vol. 36(4), pages 485-501, May.
- Heather M. Stephens & Mark D. Partridge, 2011. "Do Entrepreneurs Enhance Economic Growth in Lagging Regions?," Growth and Change, Gatton College of Business and Economics, University of Kentucky, vol. 42(4), pages 431-465, December.
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