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首页> 外文期刊>Journal of regulatory economics >Regulating away competition: the effect of regulation on entrepreneurship and employment
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Regulating away competition: the effect of regulation on entrepreneurship and employment

机译:规制客场竞争:规制对企业家精神和就业的影响

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摘要

Many scholars have worried that regulation deters entrepreneurship because it increases the cost of entry, reduces innovation in the regulated industry, and benefits large firms because they can overcome the costs of complying with regulations more easily than smaller firms. Using novel data on the extent of US federal regulations by industry and data on firm births and employment from the Statistics of US Businesses, we run fixed effects regressions to show that more-regulated industries experienced fewer new firm births and slower employment growth in the period 1998-2011. Large firms may even successfully lobby government officials to increase regulations to raise their smaller rivals' costs. We also find that regulations inhibit employment growth in all firms and that large firms are less likely to exit a heavily regulated industry than small firms.
机译:许多学者担心法规会阻碍企业家精神,因为它增加了进入成本,减少了受管制行业的创新,并使大企业受益,因为与小企业相比,他们可以更轻松地克服遵守法规的成本。使用有关行业的美国联邦法规范围的新数据以及来自《美国企业统计》的公司出生和就业数据,我们进行了固定效应回归分析,结果显示,在此期间,受到更多监管的行业新公司出生较少,就业增长较慢1998-2011。大型企业甚至可以成功游说政府官员,以提高法规以提高其较小竞争对手的成本。我们还发现,法规抑制了所有企业的就业增长,与小企业相比,大企业退出严格管制的行业的可能性较小。

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