Does self-employment reduce unemployment? A contribution from the franchise system
Franchising, considered as a way of starting up a business, contributes to create employment. Because of that, the aim of this paper is to analyze the influence of some macroeconomic variables economic growth and unemployment rate- and other franchise specific variables initial investment and up-fro...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2011 |
| País: | España |
| Institución: | Universidad de Burgos (UBU) |
| Repositorio: | Repositorio Institucional de la Universidad de Burgos (RIUBU) |
| OAI Identifier: | oai:riubu.ubu.es:10259/11060 |
| Acceso en línea: | https://hdl.handle.net/10259/11060 |
| Access Level: | acceso abierto |
| Palabra clave: | Signals Theory Franchise Entrepreneurship Self-employement Unemployement Panel Data methodology GMM Teoría de Señales Franquicia Emprendedurismo Autoempleo Desempleo Metodología de Datos de Panel Franquicias Franchises (Retail trade) |
| Sumario: | Franchising, considered as a way of starting up a business, contributes to create employment. Because of that, the aim of this paper is to analyze the influence of some macroeconomic variables economic growth and unemployment rate- and other franchise specific variables initial investment and up-front franchise fees in the decision of franchising a system outlet during the period 2000 2009. To reach this objective we chose a sample of 352 franchise systems that operate in the Spanish market using panel data methodology. The results concluded that initial investment and up-front franchise fees are signals received by franchisees as franchisors want them to be perceived. In addition, they support the decision by unemployed workers to franchise outlets in the period under study. Theory of Signals and Panel Data methodology are the relevant aspects in this paper. |
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