Determinants of Self-Employment in Ecuador 2017 2018

Self-employment is considered an essential component within the economy, becoming a potential source of new jobs and a way of employing the population of countries where growing unemployment has become a major economic and social problem. This activity has been practiced over the years as an escape...

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Bibliografiset tiedot
Päätekijä: García, Alejandra (author)
Muut tekijät: Burbano, Rafael (author)
Aineistotyyppi: article
Kieli:spa
Julkaistu: 2021
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Linkit:https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/380
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Yhteenveto:Self-employment is considered an essential component within the economy, becoming a potential source of new jobs and a way of employing the population of countries where growing unemployment has become a major economic and social problem. This activity has been practiced over the years as an escape route from the unemployment that citizens have or as a form of entrepreneurship. According to the International Labor Organization (ILO), globally or worldwide, self-employment has increased in the last two decades. On average, 12.4% of workers are self-employed in high-income economies, while in low-income economies this figure rises to 81.9%. This trend has made self-employment a central issue in the labor market. Although self-employment represents a solution for individuals who have few opportunities in the labor sector as employees or dependents, it is also presented as an opportunity for those who seek a different path (entrepreneurship) to their professional career (Simoes et al, 2016) . This last labor sector is considered as a diverse group where individuals start and manage a business, obtaining economic benefits for themselves within different sectors of occupation and industry (Laing, 2011).