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Regulations, institutional quality and entrepreneurship

机译:法规,机构质量和企业家精神

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摘要

This paper examines the impact of startup regulations and institutional quality on the level of new business activity in a panel of 119 countries between 2001 and 2012. We find robust evidence that new business creation is significantly lower in countries with excessive barriers to entry, a lack of high-quality governmental institutions, or both. Specifically, increasing by one, the number of steps required to start a new business, reduces entrepreneurial activity between 3 and 7%. Furthermore, a one standard deviation increase in the overall average level of institutional quality is associated with a 34% increase in new business activity.
机译:本文研究了2001年至2012年间119个国家的面板中启动法规和机构质量对新商业活动水平的影响。我们发现有力的证据表明,在进入门槛过高,缺乏门槛的国家中,新商业创造的比例明显较低高质量的政府机构,或两者兼而有之。具体而言,增加一项新业务所需的步骤数量,可使企业家活动减少3%至7%。此外,机构质量的总体平均水平每增加一个标准差,就会使新业务活动增加34%。

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