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Entrepreneurial discrete choice: Modelling decisions between self-employment, employer and worker status. Working paper 15

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Listed:
  • Bennett, Robert
  • Montebruno, Piero
  • Smith, Harry
  • van Lieshout, Carry

Abstract

This paper estimates an entrepreneurial choice model between different forms of business organisation, focusing on the choice to operate as a sole proprietor operating on own account, or as an employer, rather than as a waged employee. ‘Own account’ was the phrasing used through the censuses of the period we cover: it describes an entrepreneur who operates as self-employed on their own with no employees. A discrete choice decision model is used to estimate probabilities of different choices using the large scale data for England and Wales contained in the ‘British Business Census of Entrepreneurs 1851-1911’ to be deposited at UKDA. This paper uses the data for the later censuses, 1891-1911. This database is one of the outputs of ESRC project ES/M010953 Drivers of Entrepreneurship and Small Businesses’.

Suggested Citation

  • Bennett, Robert & Montebruno, Piero & Smith, Harry & van Lieshout, Carry, 2019. "Entrepreneurial discrete choice: Modelling decisions between self-employment, employer and worker status. Working paper 15," MPRA Paper 103192, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:103192
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    References listed on IDEAS

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    Cited by:

    1. Montebruno, Piero & Bennett, Robert & Smith, Harry & van Lieshout, Carry, 2019. "Machine learning classification of entrepreneurs in British historical census data," MPRA Paper 100469, University Library of Munich, Germany.

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    Keywords

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    JEL classification:

    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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