The Relationship between Entrepreneurship and Unemployment: the Case of Russia

Student: Zaozerskaia Alena

Faculty: St.Petersburg School of Economics and Management

Educational Programme: Economics (Bachelor)

Year of Graduation: 2020

Entrepreneurship and unemployment are the important determinants of economic growth. There are theories that about the relationship between entrepreneurship and unemployment. On the one hand, with an increase of unemployment, the number of entrepreneurs also increases, as they are "pushed" to change the kind of activity. On the other hand, an increase in the number of entrepreneurs reduces the unemployment rate, as new business creates demand for labor. The purpose of this study is to identify this relationship in the Russian regions. The work uses the data of Gks for 2010-2018. According to the results of the study, a two-way interaction has been identified between individual entrepreneurs and the unemployment rate.

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