Entrepreneurship Selection and Performance : A Meta-Analysis of the Impact of Education in Developing Economies
This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship in selection and performance in developing economies looks at variations impact across specific characteristics of the studies. A marginal year of schooling in developing economies raises enterprise income by an average of 5.5 percent, which is close to the average return in industrial countries. The return varies, however, by gender, rural or urban residence, and the share of agriculture in the economy. Furthermore, more educated workers typically end up in wage employment and prefer nonfarm entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women, possibly stronger in urban areas, and also stronger in the least developed economies, where agriculture is more dominant and literacy rates are lower.
| Main Authors: | , , |
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| Format: | Journal Article biblioteca |
| Language: | English en_US |
| Published: |
Published by Oxford University Press on behalf of the World Bank
2005-09-28
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| Subjects: | entrepreneurship, education, nonfarm employment, wage employment, labor markets, |
| Online Access: | http://documents.worldbank.org/curated/en/2005/05/17747435/entrepreneurship-selection-performance-meta-analysis-impact-education-developing-economies https://hdl.handle.net/10986/16477 |
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