Relationship between business ownerships, unemployment and economic growth in Singapore.

• Main Authors: Cheng, Ern Huay., Sim, Yee Jian., Yong, An Yi.
• Other Authors: Chew Seow Lung, Rosalind
• Format: Final Year Project
• Language: English
• Published: 2011
• Subjects: DRNTU::Social sciences::Economic development::Singapore
• Online Access: http://hdl.handle.net/10356/44793
• Institution: Nanyang Technological University

This paper explores the dynamic causal relationships between entrepreneurship and the various economic conditions: unemployment rate, economic growth and per capita GDP in Singapore from 1990 to 2009. The first causality direction, known as the “refugee” effect, identifies unemployment as a key fact...