Using a comprehensive database of European firms, this paper studies how the business environment in a country drives the creation of new firms. The focus is on regulations governing firm creation (entry regulations) and on financial development. The paper finds entry regulations hamper the creation of new firms, especially in industries that naturally should have high entry. Also, value added per employee in naturally high entry industries grows...
Voir la suite
INFORMATION
-
2004/11/01
-
Document de travail
-
36276
-
1
-
1
-
2010/07/01
-
Disclosed
-
Barriers to enterpreneurship
-
dependence on trade credit
TÉLÉCHARGER
RAPPORT COMPLET
Version officielle du document (peut inclure des signatures etc…)
-
Total Downloads** : 5049
*La version texte est une version à reconnaissance optique de caractères non-corrigée. Cette version est fournie uniquement pour accommoder les utilisateurs disposant de connections lentes.