Testing for Hysteresis in Entrepreneurship in 23 OECD Countries

Authors

Simon C. Parker, Western University
Emilio Congregado, University of Huelva
Antonio A. Golpe, University of Huelva

Document Type

Article

Publication Date

5-2011

Volume

19

Issue

1

Journal

Applied Economics Letters

First Page

61

URL with Digital Object Identifier

https://doi.org/10.1080/13504851.2011.566175

Last Page

66

Abstract

We explore the macro structure of entrepreneurship rates in a panel of 23 OECD countries over 1972-2006. We find that rates of entrepreneurship in OECD’s countries exhibit persistence rather than hysteresis. Implications for the design of entrepreneurship policies are discussed.

Notes

This is an Accepted Manuscript of an article published by Taylor & Francis in Applied Economics Letters on May, 2011, available online: http://www.tandfonline.com/10.1080/13504851.2011.566175