Format:
1 Online-Ressource
Edition:
Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
Edition:
Also available in print.
Series Statement:
NBER working paper series working paper 10380
Content:
"Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have high entry. Also, value added per employee in naturally "high entry" industries grows more slowly in countries with onerous regulations on entry. Interestingly, regulatory entry barriers have no adverse effect on entry in corrupt countries, only in less corrupt ones. Taken together, the evidence suggests bureaucratic entry regulations are neither benign nor welfare improving. However, not all regulations inhibit entry. In particular, regulations that enhance the enforcement of intellectual property rights or those that lead to a better developed financial sector do lead to greater entry in industries that do more R&D or industries that need more external finance"--National Bureau of Economic Research web site
Note:
Includes bibliographical references. - Title from PDF file as viewed on 1/14/2005
,
Erscheinungsjahr in Vorlageform:c2004
,
Weitere Ausgabe: Klapper, Leora : Business environment and firm entry
Additional Edition:
Reproduktion von Klapper, Leora Business environment and firm entry 2004
Language:
English
Keywords:
Fallstudiensammlung
Author information:
Rajan, Raghuram Govind 1963-
Author information:
Laeven, Luc
