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The Influence of Unemployment on the Level and Rate of Company Formation in Scotland, 1950–1984

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  • R T Hamilton

    (Department of Business Administration, University of Canterbury, Christchurch 1, New Zealand)

Abstract

In this paper annual time-series data are used to examine the relationship between unemployment and both the level and the rate of new company registrations in Scotland between 1950 and 1984. Lagged unemployment rate and changes in this rate (also lagged) are shown to explain in excess of 90% of the yearly variation in registration activity. The results indicate the importance of those factors, for example, unemployment or the threat thereof, which act to ‘push’ individuals into self-employment.

Suggested Citation

  • R T Hamilton, 1986. "The Influence of Unemployment on the Level and Rate of Company Formation in Scotland, 1950–1984," Environment and Planning A, , vol. 18(10), pages 1401-1404, October.
    • Handle: RePEc:sae:envira:v:18:y:1986:i:10:p:1401-1404
    DOI: 10.1068/a181401
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    Cited by:

    1. Daniyar T. Baitenizov & Igor N. Dubina & David F. J. Campbell & Elias G. Carayannis & Tolkyn A. Azatbek, 2019. "Freelance as a Creative Mode of Self-employment in a New Economy (a Literature Review)," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(1), pages 1-17, March.

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