Determinants of Spanish firms' life cycle and job
Gutiérrez Romero, Roxana
Universitat Autònoma de Barcelona. Departament d'Economia Aplicada

Fecha: 2012
Descripción: 34 p.
Resumen: This paper examines the role of human capital, individual entrepreneurial traits and the business environment on firms' life cycle and on job creation in Spain. For this purpose, we have constructed a pseudo-panel, by using the Global Entrepreneurship Monitor survey over the period 2001-2008. We have found that the creation, maturity and survival of firms were aided by the availability of bank credit and the large immigration inflows that Spain received over this period. However, of these two factors, only bank credit had a positive effect on the creation of jobs and on improving expectations of job expansion. The relatively high levels of youth unemployment experienced even before the crises of 2008 hurt the firm's chances of maturity and survival. The results also suggested that the gender gap in entrepreneurial activities had narrowed. In relative terms, women with higher levels of education were more likely to create mature firms than men. Based on the empirical findings and those of related literature, the paper offers policy recommendations to foster a sustainable entrepreneurial sector capable of contributing to the recovery of the Spanish economy.
Nota: Número d'acord de subvenció MICINN/ECO2010-21668-C03-02
Derechos: Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades. Creative Commons
Lengua: Anglès.
Colección: Documents de treball
Colección: Document de treball (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada) ; 1209
Documento: workingPaper
Materia: Creació de treball ; Espanya ; Empreses ; Emigració i immigració

Adreça alternativa: https://hdl.handle.net/2072/204081


34 p, 346.8 KB

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 Registro creado el 2012-12-11, última modificación el 2019-11-15



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