Estimating the Long-Run Impact of Government Spending on Small Businesses and Minority Entrepreneurs in the United States

This grant is co-funded by the W.E. Upjohn Institute for Employment Research.

Business ownership is one of the key routes to wealth creation in the United States. Therefore, it is crucial to understand the characteristics and the long-term effects of government spending in the creation and survival of minority-owned businesses in order to help close the racial and ethnic wealth gap. Doctoral student in economics Jiaming Soh will investigate the impact of government contracts on the growth of small businesses and minority entrepreneurs over time. He will analyze data from the USASpending.gov database and the National Establishment Time Series for his study.