Entrepreneurship and welfare

Arbeitspapier

We examine returns to entrepreneurship using a standard measure of welfare, the percapita consumption expenditure. The analysis, using quantile regressions, reveals the existence of a welfare hierarchy in occupations. The results suggest that, across the welfare distribution, entrepreneurs who employ others have the highest returns in terms of consumption, while those entrepreneurs who work for themselves, that is, selfemployed individuals, have slightly lower returns than the salaried employees. However, self-employment entails higher returns than casual labor and a relative escape from poverty.

Object Details

• ISBN: 978-92-9230-190-3
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Research Paper ; No. 2009/21

Classification and Topics

• Classification: Wirtschaft ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Agricultural Labor Markets ; Professional Labor Markets; Occupational Licensing ; Entrepreneurship
• Subject: entrepreneurship ; self-employment ; welfare ; developing countries ; quantile regressions

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Tamvada, Jagannadha Pawan
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/45041
• Last update: 10.03.2025, 11:44 AM CET