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This article evaluates critically the competing explanations for informal sector entrepreneurship that read such endeavours to result from either ‘exclusion' from state benefits and the circuits of the modern economy or the voluntary ‘exit' of workers from formal institutions. Reporting...
Persistent link: https://www.econbiz.de/10012967070
Purpose – The purpose of this paper is to focus on the relationship between corruption and productive entrepreneurship …, it proposes worldwide empirical evidence that countries with high levels of corruption usually face low levels of … than in developing countries. Third, the paper explores whether the negative effect of corruption depends on country …
Persistent link: https://www.econbiz.de/10012995384
The paper presents a theoretical model with bureaucratic corruption where bribe income can leak out of an economy. In … for entrepreneurship by maximizing the welfare of the economy. We show that the corruption persists at the equilibrium … in low prosperity economies the control of leakage may induce higher level of corruption, while the opposite is true in …
Persistent link: https://www.econbiz.de/10011110700
This paper investigates the causal effect of corruption on entrepreneurship. We use staggered anti-corruption … investigations in China as exogenous shocks to conduct difference-in-differences estimation, and find that the country's anti-corruption … anti-corruption campaign: reduced rent seeking, improved government quality, technology spillover from innovation, and the …
Persistent link: https://www.econbiz.de/10012826212
Persistent link: https://www.econbiz.de/10013185117
Covid-19 pandemic has shown how important are public sector capacities and capabilities to react to crises and re-configure existing policies and implementation practices. Prior to the pandemic, policymakers were increasingly turning their attention to challenge-driven innovation policies in...
Persistent link: https://www.econbiz.de/10014429296
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/10010272659
effect of a particular feature of the institutional landscape, namely corruption, on entrepreneurship. It is expected that … corruption discourages entrepreneurship since it undermines fair competition. We employ two proxies for entrepreneurship that are … from the World Bank Group Entrepreneurship Survey. We find that better control of corruption promotes entrepreneurship. Our …
Persistent link: https://www.econbiz.de/10013357215
Persistent link: https://www.econbiz.de/10003491593
Persistent link: https://www.econbiz.de/10011645239