Entrepreneurship and market size. The case of young college graduates in Italy.

Autor/inn/en	Addario, Sabrina Di; Vuri, Daniela; Di Addario, Sabrina
Institution	CESifo GmbH
Titel	Entrepreneurship and market size. The case of young college graduates in Italy. Gefälligkeitsübersetzung: Unternehmensgründung und Marktgröße. Junge Hochschulabsolventen in Italien.
Quelle	München (2010), 28 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	CESifo working paper. 3145
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Ballungsraum; Region; Urbanisierung; Bevölkerungsdichte; Einkommen; Unternehmen; Unternehmensgründung; Berufschance; Regionaler Arbeitsmarkt; Unternehmer; Auswirkung; Quote; Hochschulabsolvent; Italien
Abstract	"We analyse empirically the effects of urbanization on Italian college graduates' work possibilities as entrepreneurs three years after graduation. We find that doubling the province of work's population density reduces the chances of being an entrepreneur by 2-3 percentage points. This result holds after controlling for regional fixed effects and is robust to instrumenting urbanization. Provinces' competition, urban amenities and disamenities, cost of labour, earning differentials between employees and self-employed workers, unemployment rates and value added per capita account for more than half of the negative urbanization penalty. Our result cannot be explained by the presence of negative differentials in returns to entrepreneurship between the most and the least densely populated areas either. In fact, as long as they succeed in entering the most densely populated markets, young entrepreneurs are able to reap-off the benefits of urbanization externalities: the elasticity of entrepreneurs' net monthly earnings with respect to population density is 0.02-0.03." Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch; Sekundäranalyse. Die Untersuchung bezieht sich auf den Zeitraum 1998 bis 2004. (author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2011/2