Abstract
We use individual survey data from 43 countries and show that the likelihood of an individual starting a business rises with personal income – whatever the country income class - but decreases with country income – whatever the relative personal income class. This twin facts need to be jointly explained by any model that aims at an explanation of the main determinants of entrepreneurship.
Original language | English |
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Title of host publication | 5º Conferência Ibérica de Empreendedorismo |
Subtitle of host publication | Proceedings |
Publisher | EMPREEND |
Pages | 79-82 |
Number of pages | 4 |
ISBN (Print) | 978-989-97513-4-7 |
Publication status | Published - 2015 |