Stel, Andre van; Storey, David; Thurik, Roy - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006
This paper investigates the effect of business regulations on various measures of entrepreneurship. Using data for a … sample of countries participating in the Global Entrepreneurship Monitor between 2002 and 2005, we estimate a two …-equation model explaining the nascent and the actual entrepreneurship rate, while taking into account the interrelationship between …