Showing 1 - 10 of 29
entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of … extent of corruption. A cluster of institutional indicators representing 'market freedom' is only significant in some … specifications. Freedom from corruption is significantly related to entrepreneurial entry, especially when the richest countries are …
Persistent link: https://www.econbiz.de/10008668035
corruption, weaker property rights and especially intellectual property rights, and a larger state on entrepreneurs who plan to … property rights. -- entrepreneurship ; institutions ; corruption ; property rights ; government ; Global Entrepreneurship …
Persistent link: https://www.econbiz.de/10009152794
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem … - when a foreign firm sinks an investment to provide infrastructure services. We focus on the structure of the economy … is less tight, bureaucrats are less venal, or compensation for expropriation is ungenerous. -- corruption ; bureaucratic …
Persistent link: https://www.econbiz.de/10003330459
Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First …, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less … studied feature of corruption, namely bribe unavoidability. Second, we argue that the social costs of corruption arise not …
Persistent link: https://www.econbiz.de/10009153607
Persistent link: https://www.econbiz.de/10003335882
, however, is that there seem to be certain "threshold" levels of financial and institutional development that an economy needs …
Persistent link: https://www.econbiz.de/10003831857
This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional environment and entrepreneurial characteristics affect...
Persistent link: https://www.econbiz.de/10003896204
hypotheses; that women are less likely to undertake entrepreneurial activity in countries where the rule of law is weaker; where …
Persistent link: https://www.econbiz.de/10003920042
We analyze theoretically and empirically the impact of the shadow economy on entrepreneurial entry, utilising 1998 … suggests a positive linear link between the size of the shadow economy and entrepreneurial entry. However, this masks more … shadow economy on entry is found to be negative, based on a linear specification. Moreover, there is also evidence of …
Persistent link: https://www.econbiz.de/10008689039
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...
Persistent link: https://www.econbiz.de/10003586563