Entrepreneurship and the fight against poverty in US cities. (February 2021)
- Record Type:
- Journal Article
- Title:
- Entrepreneurship and the fight against poverty in US cities. (February 2021)
- Main Title:
- Entrepreneurship and the fight against poverty in US cities
- Authors:
- Lee, Neil
Rodríguez-Pose, Andrés - Abstract:
- Entrepreneurship is often seen as the cure-all solution for poverty reduction. Proponents argue that it leads to job creation, higher incomes and lower poverty rates in the cities in which it occurs. Others argue that many entrepreneurs are actually creating low-productivity firms serving local markets. Yet, despite this debate, little research has considered the impact of entrepreneurship on poverty in cities. This paper addresses this gap using a panel of US cities for the period between 2005 and 2015. We hypothesize that the impact of entrepreneurship will depend on whether it is in tradeable sectors, so likely to have positive local multiplier effects, or non-tradeable sectors, which may saturate local markets. We find that entrepreneurship in tradeables reduces poverty and increases incomes for non-entrepreneurs, a result we confirm using an instrumental variable approach, taking the inheritance of entrepreneurial traits as the instruments. In contrast, while there are some economic benefits from non-tradeable entrepreneurship, we find these are not large enough to reduce poverty.
- Is Part Of:
- Environment and planning. Volume 53:Number 1(2021)
- Journal:
- Environment and planning
- Issue:
- Volume 53:Number 1(2021)
- Issue Display:
- Volume 53, Issue 1 (2021)
- Year:
- 2021
- Volume:
- 53
- Issue:
- 1
- Issue Sort Value:
- 2021-0053-0001-0000
- Page Start:
- 31
- Page End:
- 52
- Publication Date:
- 2021-02
- Subjects:
- Entrepreneurship -- poverty -- cities -- economic development
City planning -- Periodicals
Regional planning -- Periodicals
City planning
Regional planning
Periodicals
333.7 - Journal URLs:
- http://epn.sagepub.com/content/current ↗
http://proxy.library.carleton.ca/login?url=http://www.envplan.com/allvols.cgi?journal=A ↗
http://www.pion.co.uk/ ↗ - DOI:
- 10.1177/0308518X20924422 ↗
- Languages:
- English
- ISSNs:
- 0308-518X
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library STI - ELD Digital store - Ingest File:
- 14901.xml