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The impact of entrepreneurship on economic development in Romania

Author

Listed:
  • GetuE#a DAVID-ROSOGA

    (SCOSAAR,The b Costin C.KiriE#escub National Institute for Economic Research)

  • Andreea CONSTANTINESCU

    (Institute of National Economy,Romanian Academy)

Abstract

Entrepreneurship represents an important driver of economic growth and development. The current study considers an analysis of the impact on GDP brought by indicators such as gross fixed capital formation, school dropout rate, unemployment rate and number of the new enterprises. The analysis uses panel regression as well as the OLS method. The results indicate a negative impact of entrepreneurship (measured with the number of new enterprises) on economic development.

Suggested Citation

  • GetuE#a DAVID-ROSOGA & Andreea CONSTANTINESCU, 2022. "The impact of entrepreneurship on economic development in Romania," Romanian Journal of Economics, Institute of National Economy, vol. 55(2(64)), pages 103-112, December.
    • Handle: RePEc:ine:journl:v:55:y:2022:i:64:p:103-112
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    More about this item

    Keywords

    entrepreneurship; economic development;

    JEL classification:

    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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