Table 4.

Cross-country regressions of self-employment rates

Explanatory variables	(a)	(b)	(c)	(d)
GDP per capita	−0.645** (0.085)	−0.654** (0.083)	−0.415** (0.105)	−0.445** (0.105)
Taxes		0.373* (0.161)		0.286** (0.156)
Regulations			0.119* (0.035)	0.107* (0.035)
Constant	36.49** (2.08)	26.93** (4.58)	24.11** (4.16)	18.03** (5.28)
R-squared	0.40	0.43	0.47	0.49
No. of observations	90	90	90	90

This table reports standard cross-sectional regressions where the dependent variable is the self-employment rate. Taxes refer to the corporate income tax rate as measured by the World Bank. Regulations refer to the ease of doing business, again as measured by the World Bank. Two stars (**) denote statistical significance at the 1% level, one star (*) denotes statistical significance at the 5% level.