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"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...
Persistent link: https://www.econbiz.de/10010523101
We study the entry and exit of firms across U.S. industries over the past 40 years. The elasticity of entry with respect to Tobin's Q was positive and significant until the late 1990s but declined to zero afterwards. Standard macroeconomic models suggest two potential explanations: rising entry...
Persistent link: https://www.econbiz.de/10012479950
Recent research has suggested that the reduction of entry regulation can promote firm entry and job creation, but …
Persistent link: https://www.econbiz.de/10012462184
the heterogeneity of the effect of entry, contract enforcement regulation, and financial development on both the decision … the level of regulation and financial development and some individual characteristics that are important determinants of … entrepreneurship, such as gender, business skills, and social networks. We find that entry regulation moderates the effect of business …
Persistent link: https://www.econbiz.de/10012463139
We study the distortions to industrial organization caused by entry regulation. We take advantage of heterogeneity … affected by country-level entry regulation. In industries with high natural entry barriers, entry regulation has little impact …, countries with high entry regulation have relatively few, large firms. We find no relation between natural entry barriers and …
Persistent link: https://www.econbiz.de/10012467758
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...
Persistent link: https://www.econbiz.de/10012468313
the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the …
Persistent link: https://www.econbiz.de/10012469140
Does entry regulation hinder job creation? We investigate this question in the context of the French retail industry, a … indicate that retail employment could have been more than 10% higher today had entry regulation not been introduced. Promoting …
Persistent link: https://www.econbiz.de/10012470513
We present new data on the regulation of entry of start-up firms in 75 countries. The data set contains information on … official costs of entry are extremely high in most countries. Countries with heavier regulation of entry have higher corruption … benevolent regulation, but support the (grabbing hand) view that entry regulation benefits politicians and bureaucrats …
Persistent link: https://www.econbiz.de/10012470845
Biologics accounted for roughly $145 billion in spending in 2018 (IQVIA, 2019). They are also the fastest growing segment of the pharmaceutical industry. The Biological Price Competition and Innovation Act (BPCIA) of 2010 created an abbreviated pathway for biosimilar products to promote price...
Persistent link: https://www.econbiz.de/10012496071