Can Oil-Rich Countries Encourage Entrepreneurship? ‘Yes’, ‘No’ but not ‘Perhaps’

This study provides the first empirical investigation to test one of transmission channels of resource curse, i.e., marginalized entrepreneurship activities. Our panel data analysis of 65 countries from 2004 to 2011 shows a negative and statistically significant association between oil rents depende...

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書誌詳細
出版年:MAGKS - Joint Discussion Paper Series in Economics (Band 06-2014)
第一著者: Farzanegan, Mohammad Reza
フォーマット: 論文
言語:英語
出版事項: Philipps-Universität Marburg 2014
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要約:This study provides the first empirical investigation to test one of transmission channels of resource curse, i.e., marginalized entrepreneurship activities. Our panel data analysis of 65 countries from 2004 to 2011 shows a negative and statistically significant association between oil rents dependency and entrepreneurship indicator. This finding is robust to control of other major drivers of entrepreneurship, unobservable country and time fixed effects and a different measurement of oil rents dependency. Additionally our main results show that government effectiveness among other dimensions of good governance has a statistically significant moderating effect in entrepreneurship-oil rents nexus.
物理的記述:29 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0308