How accurate are VAT registrations as a measure of entrepreneurship? A spatial analysis of Scotland and its regions.

TY - JOUR

T1 - How accurate are VAT registrations as a measure of entrepreneurship?

T2 - A spatial analysis of Scotland and its regions.

AU - Ross, Andrew G

AU - Crossan, Kenny

AU - Juleff, Linda

PY - 2012/3/21

Y1 - 2012/3/21

N2 - Comparing VAT registration data with Scottish Clearing Bank Statistics on new start-up activity we assess the extent to which VAT registration data reflect the general level of start-up activity in the Scottish economy for the period 2002–2009. Findings reveal that VAT registration data underestimate the general level of start-up activity by 39%. The data also reveal there is considerable spatial variation in start-up activity across Scottish regions and the recent recession has affected start-up activity irrespective of which measure is used. It is also clear, however, that the recession has affected the general level of start-up activity to a far greater extent.

AB - Comparing VAT registration data with Scottish Clearing Bank Statistics on new start-up activity we assess the extent to which VAT registration data reflect the general level of start-up activity in the Scottish economy for the period 2002–2009. Findings reveal that VAT registration data underestimate the general level of start-up activity by 39%. The data also reveal there is considerable spatial variation in start-up activity across Scottish regions and the recent recession has affected start-up activity irrespective of which measure is used. It is also clear, however, that the recession has affected the general level of start-up activity to a far greater extent.

U2 - 10.1177/0269094211434476

DO - 10.1177/0269094211434476

M3 - Article

SN - 0269-0942

VL - 27

SP - 279

EP - 296

JO - Local Economy

JF - Local Economy

IS - 3

ER -