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The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test … requirements are detrimental to entrepreneurship. Second, we test whether corruption reduces the negative impact of regulations on … entrepreneurship in highly regulated economies. Our empirical analysis for a maximum of 43 countries over the period 2003-2005 shows …
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The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test … requirements are detrimental to entrepreneurship. Second, we test whether corruption reduces the negative impact of regulations on … entrepreneurship in highly regulated economies. Our empirical analysis for a maximum of 43 countries over the period 2003-2005 shows …
Persistent link: https://www.econbiz.de/10014050262
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We analyze how adding the shadow economy to official output figures affects technical efficiency. We find that this only slightly affects the ranking of efficiency scores, but increases average efficiency. Our results are robust to the functional form of the production technology and the...
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