Analysis of the Relationship Between Entrepreneurship and Trade Openness within the Framework of Quantile Panel Approach: The Case of OECD Countries

This study aims to examine the impact of the trade openness of selected OECD countries on entrepreneurship. There is a general acceptance that the impact of the trade openness of economies on entrepreneurship is positive. In the analysis process, econometric modeling studies were carried out based o...

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Main Authors: Safiullah Salangi, Sezer Kahyaoglu
Format: Article
Language:English
Published: Dokuz Eylül University 2024-09-01
Series:İzmir İktisat Dergisi
Subjects:
Online Access:https://dergipark.org.tr/en/download/article-file/3824750
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author Safiullah Salangi
Sezer Kahyaoglu
author_facet Safiullah Salangi
Sezer Kahyaoglu
author_sort Safiullah Salangi
collection DOAJ
description This study aims to examine the impact of the trade openness of selected OECD countries on entrepreneurship. There is a general acceptance that the impact of the trade openness of economies on entrepreneurship is positive. In the analysis process, econometric modeling studies were carried out based on the data of the selected OECD countries for the 2006-2020 period. The quantile panel regression technique was used to test the impact of trade openness on entrepreneurship. The quantile panel regression analyses have been carried out with an approach that considers the asymmetric situation between the selected OECD countries. Hence, this approach has been a contribution to the literature. Policy recommendations are presented within the framework of empirical findings. According to the empirical findings, entrepreneurship activities are important in terms of increasing economic performance in the selected OECD countries and show that policies should be implemented in support of entrepreneurship activities. The necessity of considering the impact of the trade openness level on entrepreneurship in determining policies has been revealed. In particular, the fact that the economies assess this issue in the policy development process can be considered a strategic instrument.
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institution DOAJ
issn 1308-8505
language English
publishDate 2024-09-01
publisher Dokuz Eylül University
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series İzmir İktisat Dergisi
spelling doaj-art-73d680f22c4b48fb935b326b103e68db2025-08-20T02:45:10ZengDokuz Eylül Universityİzmir İktisat Dergisi1308-85052024-09-0139360562010.24988/ije.145953559Analysis of the Relationship Between Entrepreneurship and Trade Openness within the Framework of Quantile Panel Approach: The Case of OECD CountriesSafiullah Salangihttps://orcid.org/0000-0002-0779-2958Sezer Kahyaoglu0https://orcid.org/0000-0003-2865-3399izmir bakırçay üniversitesiThis study aims to examine the impact of the trade openness of selected OECD countries on entrepreneurship. There is a general acceptance that the impact of the trade openness of economies on entrepreneurship is positive. In the analysis process, econometric modeling studies were carried out based on the data of the selected OECD countries for the 2006-2020 period. The quantile panel regression technique was used to test the impact of trade openness on entrepreneurship. The quantile panel regression analyses have been carried out with an approach that considers the asymmetric situation between the selected OECD countries. Hence, this approach has been a contribution to the literature. Policy recommendations are presented within the framework of empirical findings. According to the empirical findings, entrepreneurship activities are important in terms of increasing economic performance in the selected OECD countries and show that policies should be implemented in support of entrepreneurship activities. The necessity of considering the impact of the trade openness level on entrepreneurship in determining policies has been revealed. In particular, the fact that the economies assess this issue in the policy development process can be considered a strategic instrument.https://dergipark.org.tr/en/download/article-file/3824750girişimcilikdışa açıklıkkantil panelheterojenlikentrepreneurshiptrade opennessquantile panelheterogeneity
spellingShingle Safiullah Salangi
Sezer Kahyaoglu
Analysis of the Relationship Between Entrepreneurship and Trade Openness within the Framework of Quantile Panel Approach: The Case of OECD Countries
İzmir İktisat Dergisi
girişimcilik
dışa açıklık
kantil panel
heterojenlik
entrepreneurship
trade openness
quantile panel
heterogeneity
title Analysis of the Relationship Between Entrepreneurship and Trade Openness within the Framework of Quantile Panel Approach: The Case of OECD Countries
title_full Analysis of the Relationship Between Entrepreneurship and Trade Openness within the Framework of Quantile Panel Approach: The Case of OECD Countries
title_fullStr Analysis of the Relationship Between Entrepreneurship and Trade Openness within the Framework of Quantile Panel Approach: The Case of OECD Countries
title_full_unstemmed Analysis of the Relationship Between Entrepreneurship and Trade Openness within the Framework of Quantile Panel Approach: The Case of OECD Countries
title_short Analysis of the Relationship Between Entrepreneurship and Trade Openness within the Framework of Quantile Panel Approach: The Case of OECD Countries
title_sort analysis of the relationship between entrepreneurship and trade openness within the framework of quantile panel approach the case of oecd countries
topic girişimcilik
dışa açıklık
kantil panel
heterojenlik
entrepreneurship
trade openness
quantile panel
heterogeneity
url https://dergipark.org.tr/en/download/article-file/3824750
work_keys_str_mv AT safiullahsalangi analysisoftherelationshipbetweenentrepreneurshipandtradeopennesswithintheframeworkofquantilepanelapproachthecaseofoecdcountries
AT sezerkahyaoglu analysisoftherelationshipbetweenentrepreneurshipandtradeopennesswithintheframeworkofquantilepanelapproachthecaseofoecdcountries