RT info:eu-repo/semantics/article T1 Does self-employment reduce unemployment? A contribution from the franchise system T2 ¿El autoempleo reduce el desempleo? Aportaciones desde la franquicia A1 Calderón Monge, Esther A1 Huerta Zavala, Pilar Angélica K1 Signals Theory K1 Franchise K1 Entrepreneurship K1 Self-employement K1 Unemployement K1 Panel Data methodology K1 GMM K1 Teoría de Señales K1 Franquicia K1 Emprendedurismo K1 Autoempleo K1 Desempleo K1 Metodología de Datos de Panel K1 GMM K1 Franquicias K1 Franchises (Retail trade) AB Franchising, considered as a way of starting up a business, contributes to create employment. Because of that, the aim of this paper is to analyze the influence of some macroeconomic variables economic growth and unemployment rate- and other franchise specific variables initial investment and up-front franchise fees in the decision of franchising a system outlet during the period 2000 2009. To reach this objective we chose a sample of 352 franchise systems that operate in the Spanish market using panel data methodology. The results concluded that initial investment and up-front franchise fees are signals received by franchisees as franchisors want them to be perceived. In addition, they support the decision by unemployed workers to franchise outlets in the period under study. Theory of Signals and Panel Data methodology are the relevant aspects in this paper. PB ESIC University SN 0212-1867 YR 2011 FD 2011-09 LK https://hdl.handle.net/10259/11060 UL https://hdl.handle.net/10259/11060 LA spa DS Repositorio Institucional de la Universidad de Burgos RD 12-may-2026