Text table 6
Regression of rate of unincorporated and incorporated self-employment with the unemployment rate and real gross domestic product

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Regression of rate of unincorporated and incorporated self-employment with the unemployment rate and real gross domestic product
  Dependent variables
Unincorporated self-employment rate Incorporated self-employment rate
coefficient t-statistics p-value coefficient t-statistics p-value
First set of regressions  
Independent variables  
Unemployment rate 1 0.110 2.040 0.051 -0.039 -0.520 0.610
Constant 0.000 -0.020 0.988 0.027 3.380 0.002
Summary statistics  
Observations (number) 31 31
R-squared 0.126 0.009
F-value 4.160 0.270
P-value 0.051 0.610
Second set of regressions  
Independent variables  
GDP 2 0.060 1.430 0.162 0.904 16.670 0.000
Constant 1.385 2.420 0.022 -10.917 -14.740 0.000
Summary statistics  
Observations (number) 32 32
R-squared 0.062 0.900
F-value 2.060 277.870
P-value 0.162 0.000
1.
First difference in the natural log of the unemployment rate lagged by 1 year.
2.
Natural log of real GDP.
Note(s):
These coefficients are positive and significant across all major industries, al though slightly lower on services than goods.
Source(s):
Regressions are based on data from Labour Force Survey, CANSIM tables 282-0008 and 282-0012.