Abstract
The number of non-farm proprietorships in the US has expanded significantly in past decades, but this expansion has not occurred evenly over space. Regression analysis correcting for spatial autocorrelation reveals that proprietors respond rationally to economic incentives. Parameter estimates for variables measuring collateral, age, ethnic mix, government policy, female labor force participation, and natural amenities, each have the expected signs. A few options are available to policymakers for influencing growth in self-employment densities over time.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 425-438 |
| Number of pages | 14 |
| Journal | Small Business Economics |
| Volume | 32 |
| Issue number | 4 |
| DOIs | |
| State | Published - Apr 2009 |
All Science Journal Classification (ASJC) codes
- General Business, Management and Accounting
- Economics and Econometrics
