Early Entrepreneurial Activity in South American Countries: A Study from its Economic Dynamics

Q3 Social Sciences

Journal of Educational and Social Research Pub Date : 2024-07-05 DOI:10.36941/jesr-2024-0088

Gabith Miriam Quispe Fernández, José Miguel Giner-Pérez, Edgar Anibal Rodriguez, Víctor Dante Ayaviri Nina

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Abstract

The early entrepreneurial activity (TEA) gathers the characteristics of the entrepreneurial dynamics of each country. This study addresses the situation of the countries of South America in order to identify the relationship between economic activity and macroeconomic stability with the TEA and the established enterprises. For this, data from the Global Entrepreneurship Monitor is used, the period includes 2008 to 2017 due to their availability, and a particular exercise for the Bolivian case. The autoregressive model with distributed delays (ARDL) is used for analysis, with the goal of establishing the short and long-term effects between study variables. The results establish an important relationship between economic activity and macroeconomic stability with early entrepreneurial activity. Showing that in the long-term GDP per capita, inflation and vulnerable employment are positively related to the TEA, however, in the short-term GDP per capita is the only significant variable with the TEA. Received: 2 May 2024 / Accepted: 21 June 2024 / Published: 5 July 2024

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南美国家的早期创业活动：经济动态研究

早期创业活动（TEA）汇集了各国创业动态的特点。本研究针对南美洲国家的情况，以确定经济活动和宏观经济稳定性与 TEA 和已成立企业之间的关系。为此，本研究使用了《全球创业观察》的数据，由于数据的可用性，研究期间包括 2008 年至 2017 年，并对玻利维亚的情况进行了特别研究。分析中使用了分布式延迟自回归模型（ARDL），目的是确定研究变量之间的短期和长期效应。结果表明，经济活动和宏观经济稳定与早期创业活动之间存在重要关系。长期来看，人均国内生产总值、通货膨胀和弱势就业与 TEA 呈正相关，但短期来看，人均国内生产总值是唯一与 TEA 呈显著相关的变量。收到：2024 年 5 月 2 日 / 接受：2024 年 6 月 21 日 / 发表：2024 年 7 月 5 日

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来源期刊

Journal of Educational and Social Research Social Sciences-Social Sciences (miscellaneous)

CiteScore

1.20

自引率

0.00%

发文量

165