Arbeitspapier
Entrepreneurship and the Business Cycle
We study the cyclical pattern of entrepreneurial activity. Results across 22 OECD countries for the period 1972-2007 show that entrepreneurial activity is a leading indicator of the business cycle in a Granger-causality sense. This contradicts existing theoretical hypotheses which predict that entrepreneurship is pro-cyclical or not cyclical. We discuss possible causes and implications of this finding.
- Language
-
Englisch
- Bibliographic citation
-
Series: Tinbergen Institute Discussion Paper ; No. 09-032/3
- Classification
-
Wirtschaft
Entrepreneurship
Business Fluctuations; Cycles
- Subject
-
Entrepreneurship
business cycle
Entrepreneurship-Ansatz
Konjunktur
Schätzung
Kausalanalyse
OECD-Staaten
- Event
-
Geistige Schöpfung
- (who)
-
Koellinger, P.D.
Thurik, A.R.
- Event
-
Veröffentlichung
- (who)
-
Tinbergen Institute
- (where)
-
Amsterdam and Rotterdam
- (when)
-
2009
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Koellinger, P.D.
- Thurik, A.R.
- Tinbergen Institute
Time of origin
- 2009
Other Objects (12)
Entrepreneurship and Economic Transition
Productive Government Expenditure in Monetary Business Cycle Models
Model-based Business Cycle and Financial Cycle Decomposition for Europe and the U.S.
Business Survival and Success of Young Small Business Owners
Illegal Entrepreneurship Experience
Business Cycle Fluctuations and Private Savings in OECD Countries: A Panel Data Analysis
Evidence on Features of a DSGE Business Cycle Model from Bayesian Model Averaging
Tracking Growth and the Business Cycle: a Stochastic Common Cycle Model for the Euro Area
Is More Entrepreneurship better?
Is there really a Global Business Cycle? A Dynamic Factor Model with Stochastic Factor Selection
Financial Linkages and Sectoral Business Cycle Synchronization: Evidence from Europe
Modelling Entrepreneurship
Entrepreneurship and Economic Transition
Productive Government Expenditure in Monetary Business Cycle Models
Model-based Business Cycle and Financial Cycle Decomposition for Europe and the U.S.
Business Survival and Success of Young Small Business Owners
Illegal Entrepreneurship Experience
Business Cycle Fluctuations and Private Savings in OECD Countries: A Panel Data Analysis
Evidence on Features of a DSGE Business Cycle Model from Bayesian Model Averaging
Tracking Growth and the Business Cycle: a Stochastic Common Cycle Model for the Euro Area
Is More Entrepreneurship better?
Is there really a Global Business Cycle? A Dynamic Factor Model with Stochastic Factor Selection
Financial Linkages and Sectoral Business Cycle Synchronization: Evidence from Europe
Modelling Entrepreneurship
Entrepreneurship and Economic Transition
Productive Government Expenditure in Monetary Business Cycle Models
Model-based Business Cycle and Financial Cycle Decomposition for Europe and the U.S.
Business Survival and Success of Young Small Business Owners
Illegal Entrepreneurship Experience
Business Cycle Fluctuations and Private Savings in OECD Countries: A Panel Data Analysis
Evidence on Features of a DSGE Business Cycle Model from Bayesian Model Averaging
Tracking Growth and the Business Cycle: a Stochastic Common Cycle Model for the Euro Area
Is More Entrepreneurship better?
Is there really a Global Business Cycle? A Dynamic Factor Model with Stochastic Factor Selection
Financial Linkages and Sectoral Business Cycle Synchronization: Evidence from Europe