Where does regulation hurt?
Subtitle: evidence from new businesses across countries
By: Silvia Ardagna, Annamaria Lusardi.
Contributors: Lusardi, Annamaria.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 14747; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 14747.
Publisher: National Bureau of Economic Research
Published: 2009
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: New business enterprises; Trade regulation
Description: "We use two micro data sets that collect harmonized data across countries to investigate the effects of regulation on new businesses.  We are able to distinguish between two types of entrepreneurs: those who start a business to pursue a business opportunity and those who start a business because they could not find better work.  Irrespective of the measure of regulation we use, we always find a detrimental effect of regulation on entrepreneurship.  While women are overall less likely to start new businesses, in more regulated countries women are pulled into entrepreneurship not to pursue a business opportunity but because they could not find better work.  Moreover, regulation dampens the effects of self-assessed business skills and social networks.  In more regulated economies, those with better business skills and those who know other entrepreneurs are less likely to become entrepreneurs to pursue a business opportunity.  Tighter regulation also exacerbates fear of failure, further discouraging business start-up.  All our estimates point to a negative effect of regulation"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 3/16/2009.

Includes bibliographical references.

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Mode of access: World Wide Web.