Total Factor Productivity and the Role of Entrepreneurship

Hugo Erken, Piet Donselaar and Roy Thurik
Additional contact information
Hugo Erken: Ministry of Economic Affairs, The Hague
Piet Donselaar: Ministry of Economic Affairs, The Hague

No 09-034/3, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of business owners per workforce) corrected for the level of economic development (GDP per capita).

Keywords: Total factor productivity; research and development; entrepreneurship; OECD (search for similar items in EconPapers)
JEL-codes: E20 L26 M13 O10 O30 O40 O50 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
https://papers.tinbergen.nl/09034.pdf (application/pdf)

Related works:
Journal Article: Total factor productivity and the role of entrepreneurship (2018)
Working Paper: Total factor productivity and the role of entrepreneurship (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20090034

Access Statistics for this paper

More papers in Tinbergen Institute Discussion Papers from Tinbergen Institute Contact information at EDIRC.
Bibliographic data for series maintained by Tinbergen Office +31 (0)10-4088900 ().