Relationship between entrepreneurial activities and economic growth: a comparative analysis of Brazilian capitals
Entrepreneurship has brought positive results contributing to build prosperous and growing economies. This article aims to analyze the long-term relationship between entrepreneurship and the economic growth of Brazilian states’ capitals from 2013 to 2021. The methodology was based on a quantitative...
| Autores: | , , |
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2023 |
| País: | Brasil |
| Institución: | Fundação Getulio Vargas (FGV) |
| Repositorio: | Revista de Gestão dos Países de Língua Portuguesa (Online) |
| Idioma: | portugués inglés |
| OAI Identifier: | oai:ojs.periodicos.fgv.br:article/86051 |
| Acceso en línea: | https://periodicos.fgv.br/rgplp/article/view/86051 |
| Access Level: | acceso abierto |
| Palabra clave: | Brazilian capitals Economic growth Entrepreneurship Time series Capitales brasileñas Crecimiento económico Emprendimiento Series de tiempo Capitais brasileiras Crescimento econômico Empreendedorismo Séries temporais |
| Sumario: | Entrepreneurship has brought positive results contributing to build prosperous and growing economies. This article aims to analyze the long-term relationship between entrepreneurship and the economic growth of Brazilian states’ capitals from 2013 to 2021. The methodology was based on a quantitative approach using time series to evaluate representative entrepreneurship and economic development variables. The chosen variables were: the number of individual micro-entrepreneurs (known as MEIs), Firjan Tax Management Index (IFGF), population number, demographic density, Municipal Human Development Index (HDI-M), and GDP per capita. The results were interpreted based on descriptive and inferential analysis using the econometric model of Regression with Panel Data. The main results showed that the fiscal management of the Brazilian states’ capitals remained within the limit classified as good fiscal management; however, when comparing the capitals separately, some presented low indicators suggesting difficulties in financial sustainability, while others created strategies for economic growth. The presence of MEIs was a factor that generated gains for the municipalities’ economy and greater local development by generating jobs, and the inferential analysis of the econometric model proved the significant influence of entrepreneurship rates on the economic growth of the investigated capitals. The findings of this article highlight the importance of policies to promote MEISs and recognize their role in local economies. |
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