Abstract:
Does social structure of the region (in which the individual resides) influence the employment choice of the
individual? What are the welfare consequences of employment choice in developing countries? This paper
addresses these research questions by comparing the welfare consequences of employment choice – selfemployed,
casual labor, employers, and salaried employees – in rural and urban India. We observe that social
structure of a region is strongly associated with entrepreneurial choice and welfare outcomes of various
socioeconomic groups. Relative welfare of lower caste individuals, compared to other backward caste and
upper caste individuals is significantly lower in districts with higher degree of social and economic
stratification.
Description:
Thirteenth Biennial Conference on Entrepreneurship/ Edited by Sasi Misra, Sunil Shukla, Ganapathi Batthini