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The effect of public policies on entrepreneurial activity and economic growth

机译:公共政策对企业家活动和经济增长的影响

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摘要

Policy makers' main interest is to avoid the problems resulting from the economic crisis. One way to avoid these problems is to stimulate economic growth as well as the necessary economic activity to reduce unemployment and to increase welfare. Specialized recent literature shows entrepreneurship as a key factor to enhance economic growth. Consequently, determining which economic policies could stimulate entrepreneurial activity and, indirectly, economic growth is relevant. This article's main goal is to analyze some of these policies' effects on entrepreneurship and economic growth. To achieve this goal, the study performs an empirical analysis of 13 European Union countries, divided in two complementary methods: Partial Least Squares (PLS) estimation and fsQCA. fsQCA allows completing the results obtained by PLS estimation, by allowing to obtain causal recipes or sufficient conditions that help to determine the relevant relation between economic variables. (C) 2016 Elsevier Inc. All rights reserved.
机译:决策者的主要利益是避免经济危机引起的问题。避免这些问题的一种方法是刺激经济增长以及减少失业和增加福利的必要经济活动。最新的专业文献显示,企业家精神是促进经济增长的关键因素。因此,确定哪些经济政策可以刺激创业活动以及间接地促进经济增长是重要的。本文的主要目的是分析其中一些政策对企业家精神和经济增长的影响。为了实现这一目标,该研究对13个欧盟国家进行了实证分析,分为两种互补方法:偏最小二乘(PLS)估计和fsQCA。 fsQCA通过允许获得因果关系表或足够的条件来帮助确定经济变量之间的相关关系,从而完成由PLS估计获得的结果。 (C)2016 Elsevier Inc.保留所有权利。

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