[KSCI] Korea Science Citation Index Service

http://dx.doi.org/10.22937/IJCSNS.2021.21.2.20

ON THE DETERMINANTS OF ENTREPRENEURSHIP IN MIDDLE EAST AND NORTH AFRICA

Zmami, Mourad (Northern Border University)
Salha, Ousama Ben (Northern Border University)

Publication Information

International Journal of Computer Science & Network Security / v.21, no.2, 2021 , pp. 181-187 More about this Journal

Abstract

The purpose of this study is to examine empirically the short- and long-run determinants of entrepreneurial activity in a sample of 15 the Middle East and North African economies between 2006 and 2018. More specifically, four groups of determinants are considered in the analysis, namely economic, demographic, business environment, and institutional. Given the autoregressive feature of the entrepreneurial activity process, a dynamic panel data model is estimated using the system GMM estimator. Findings reveal that unemployment, trade openness, population density, and economic freedom are the main drivers of new business creation in the short-run, while the cost and number of procedures to start a new business negatively affect entrepreneurship. In the long-run, the same findings hold true. Moreover, education and political stability and the absence of violence/terrorism positively affect entrepreneurial activity. Policy recommendations are accordingly designed.

Keywords

Entrepreneurship; Middle East and North African; GMM;

Citations & Related Records

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