Effect of Entrepreneurial Activity on Gross Domestic Product and selected Variables in Brazil

The study aimed to examine the impact of Entrepreneurial Activity and selected Variables on Gross Domestic Product in Brazil for the period (2001-2020) by employing the ARDL/ bounds test approach the has been applied in this study to capture both the short-run and long-run impact of Entrepreneurial Activity on Gross Domestic Product. The results show that Gross Domestic Product is positively correlated with the Entrepreneurial Activity, this indicate that an increase in Entrepreneurial Activity can enhance Gross Domestic Product, Meaning that an increase in the Entrepreneurial Activity raises the Gross Domestic Product in the Brazil in the short-run and long-run. The results also show that the Gross Domestic Product is negatively correlated with the selected Variables