country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry …" industries grows more slowly in countries with onerous regulations on entry. Interestingly, regulatory entry barriers have no … entry regulations are neither benign nor welfare improving. However, not all regulations inhibit entry. In particular …

consistent with a government choosing regulations to maximize a standard type of social welfare function. The observed policy of … for equity by domestic investors. Under certain conditions, these regulations are equivalent to income taxes on business …

The increased burden of disclosure and governance regulations is often cited as a key reason for the significant …