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Can oil-rich countries encourage entrepreneurship?
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 dependen...
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| Format: | Article |
| Language: | English |
| Published: |
2014
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| Subjects: |
| LEADER | 01216nab a22001817a 4500 | ||
|---|---|---|---|
| 008 | 160615b2014 xxu||||| |||| 00| 0 eng d | ||
| 100 | |a Farzanegan, Mohammad Reza | ||
| 245 | |a Can oil-rich countries encourage entrepreneurship? |c Farzanegan, Mohammad Reza. | ||
| 260 | |c 2014 | ||
| 300 | |a 706 - 725 | ||
| 520 | |a 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. In addition, our main results show that government effectiveness among other dimensions of good governance has a statistically significant moderating effect in entrepreneurship | ||
| 650 | |a Business Formation | ||
| 650 | |a Governance | ||
| 650 | |a Entrepreneurship | ||
| 650 | |a Oil Rents | ||
| 650 | |a Resource Curse | ||
| 773 | |a Entrepreneurship & Regional Development |d September | ||
| 999 | |c 42492 |d 42492 | ||