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Full-Text Articles in Social and Behavioral Sciences

Economic Growth And The Optimal Level Of Entrepreneurship, Catherine Bampoky, Luisa Blanco, Aolong Liu, James Prieger Sep 2015

Economic Growth And The Optimal Level Of Entrepreneurship, Catherine Bampoky, Luisa Blanco, Aolong Liu, James Prieger

Luisa Blanco

What is the “growth penalty” when a country’s entrepreneurship deviates from its optimal level? We use data on entrepreneurship for a panel of developed and developing countries over 2003-2011 to estimate growth equations. We treat the impact of entrepreneurship on real GDP growth as heterogeneous across countries. The methodology accounts for unobserved heterogeneity among countries in the optimal entrepreneurship rate and other factors affecting growth. In less developed countries, there is not enough entrepreneurship, and increases in the entrepreneurship rate have a sizeable positive effect on growth. In high income countries, entrepreneurship appears to be close to the optimum. We …


What Works In State Economic Development?, Timothy Bartik Jan 2015

What Works In State Economic Development?, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Economic Growth And The Optimal Level Of Entrepreneurship, Catherine Bampoky, Luisa Blanco, Aolong Liu, James Prieger Jul 2013

Economic Growth And The Optimal Level Of Entrepreneurship, Catherine Bampoky, Luisa Blanco, Aolong Liu, James Prieger

James E. Prieger

What is the “growth penalty” when a country’s entrepreneurship deviates from its optimal level? We use data on entrepreneurship for a panel of developed and developing countries over 2003-2011 to estimate growth equations. We treat the impact of entrepreneurship on real GDP growth as heterogeneous across countries. The methodology accounts for unobserved heterogeneity among countries in the optimal entrepreneurship rate and other factors affecting growth. In less developed countries, there is not enough entrepreneurship, and increases in the entrepreneurship rate have a sizeable positive effect on growth. In high income countries, entrepreneurship appears to be close to the optimum. We …


Rationality And Personality In A Restaurant Entry Game: Is There An Entrepreneurial Personality Type?, Ted Bergstrom, Jon Sonstelie Jul 2006

Rationality And Personality In A Restaurant Entry Game: Is There An Entrepreneurial Personality Type?, Ted Bergstrom, Jon Sonstelie

Ted C Bergstrom

Students in a large principles class participated in a market experiment in which they had opportunities to take entrepreneurial action. These students had also taken the Meyers-Briggs personality test. We explore the relation between personality characteristics and participation decisions.