Survival Of The Fittest? An Analysis Of Selfemployment Duration In Britain  

Oleh:

Taylor, Mark P.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 109 no. 454 (Mar. 1999), page 140-155.
Fulltext: 140.pdf (165.7KB)

Isi artikel

This paper uses data from the British Household Panel Survey to investigate the duration of self-employment spells in Britain. The results suggest that 40% of self-employment ventures started since 1991 have not survived their ®rst year in business. Evidence is produced showing that a substantial proportion of self-employment spells are not terminated through bankruptcy, but through moves to alternative employment. The ®ttest, in terms of self-employment survival, are those with no previous unemployment experience but with some work experience, who quit their previous job, and who entered self-employment with some initial capital.

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