A Panel Threshold Model to Capture the Nonlinear Nexus between Public Policy and Entrepreneurial Activities in EU Countries

Lobonț, Oana-Ramona; Nicolescu, Ana-Cristina; Costea, Florin; Li, Zheng-Zheng; Țăran, Alexandra-Mădălina; Davidescu, Adriana

doi:10.3390/math10081265

A Panel Threshold Model to Capture the Nonlinear Nexus between Public Policy and Entrepreneurial Activities in EU Countries

This paper explores the relationship between public policy and entrepreneurial activity in EU countries by using the panel threshold model. The paper was fundamental based on and confirmed the psychological threshold theory; namely, the results showed a single threshold effect between government …