{ "original_study": { "claim": { "hypothesis": "... this factor [the advantages of youth] has a positive effect on entrepreneurship and the importance of that factor declines with age.", "hypothesis_location": "Section: Introduction: ; p. 142", "statement": "The estimates imply that a median age that is one standard deviation lower is associated with a 2.5 percentage point higher country rate of entrepreneurship, which is about 40 percent of the mean rate.", "statement_location": "Section: Introduction; p.144 ", "study_type": "Observational" }, "data": [ { "source": "Global Entrepreneurship Monitor", "wave_or_subset": "2001–2010", "sample_size": "1.3 million", "unit_of_analysis": "individual level who are 15 to 60 years of age", "access_details": "http://www.gemconsortium.org", "notes": "The authors aggregate the data up to the country level." }, { "source": "Penn World Table", "wave_or_subset": "version 7.1", "sample_size": "over 200", "unit_of_analysis": "country level", "access_details": "Available at http://www.census.gov/population/international/data/idb/index.php.", "notes": "Used for population data to construct sampling weights." }, { "source": "Education attainment data set", "wave_or_subset": "NA", "sample_size": "not stated", "unit_of_analysis": "country-year level", "access_details": "constructed by Barro and Lee (2010)", "notes": "Limited details as it is only used for control variable." }, { "source": "World Bank database", "wave_or_subset": "not stated", "sample_size": "not stated", "unit_of_analysis": "country level", "access_details": "Available at https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS.", "notes": "Limited details as it is only used for control variable." }, { "source": "international property rights index from the Property Rights Alliance", "wave_or_subset": "NA", "sample_size": "not stated", "unit_of_analysis": "country level", "access_details": "not stated", "notes": "Limited details as it is only used for control variable. Access is not discussed, but a reference is included (Strokova and Mitra 2010). Data is for 2010 only." }, { "source": "Wikipedia", "wave_or_subset": "NA", "sample_size": "not stated", "unit_of_analysis": "country level", "access_details": "Available at http://en.wikipedia.org/wiki/Military_service.", "notes": "Limited details as it is only used for control variable." } ] , "method": { "description": "The authors use reduced-form regressions at the country level of aggregation to estimate the effect that the age distribution in a country has on the rate of entrepreneurship.", "steps": "(1) Construct sampling weights to aggregate data; (2) Clean data and aggregate to the country level using sampling weights; (3) run reduced-form, country-level regressions.", "models": "reduced-form regressions at the country level of aggregation", "outcome_variable": "entrepreneurship rate", "independent_variables": "age of the particular group; share of population younger", "control_variables": "year dummies, log of per capita GDP, the 5-year per capita average growth rate, the share of agriculture sector in GDP, the tertiary education completion rate, an estimate of start-up costs as a percentage of gross national income, an index of intellectual property, and a dummy for whether the country has more than 1 year of compulsory military service.", "tools_software": "not stated" }, "results": { "summary": "The estimates imply that a median age that is one standard deviation lower is associated with a 2.5 percentage point higher country rate of entrepreneurship, which is about 40 percent of the mean rate.", "numerical_results": [ { "outcome_name": "Entrepreneurship Rate", "value": "0.007", "unit": "standard deviation", "effect_size": "2.5 percentage point increase", "confidence_interval": { "lower": "not stated", "upper": "not stated", "level": "not stated" }, "p_value": "<0.01", "statistical_significance": "at 1% level", "direction": "negative", "notes" : "Confidence intervals are not presented, but standard errors are (0.001). Discussed positively but written negatively because these results are discussed in terms of a decrease in median age." } ] }, "metadata": { "original_paper_id": "0022-3808/2018/126S1-0007", "original_paper_title": "Demographics and Entrepreneurship", "original_paper_code": "not stated", "original_paper_data": "not stated" } } }