Macro-economic Factors Influencing Tourism Entrepreneurship: The Case of Kazakhstan
نویسندگان
چکیده
Tourism development contributes to economic development. In emerging economies like Kazakhstan, tourism needs active entrepreneurship. As the country emerges from post-Soviet era, there has been an increase in and prosperity. Entrepreneurship sector can drive forward through creation of new hospitality businesses. The macroeconomic environment influence entrepreneurial activity. We use autoregressive distributed lag (ARDL) model examine impact factors on entrepreneurship Kazakhstan. Using data 1996 2018, we find that is a positive short-run relationship between wages entrepreneurship, suggesting wage growth attracts entrepreneurs. long run, however, have negative with these higher represent cost There also strong national income Implications policy changes for Kazakhstan other are discussed.
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ژورنال
عنوان ژورنال: Journal of Entrepreneurship
سال: 2021
ISSN: ['0971-3557', '0973-0745']
DOI: https://doi.org/10.1177/0971355720981431