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entrepreneurship and new firm formation are critical factors in determining economic growth and development. New firm entry into the …
Persistent link: https://www.econbiz.de/10010739961
positive association between economic freedom and entrepreneurship; however, these studies have been limited to correlative … Kauffman Index of Startup Activities, proxies startup entrepreneurship, while the Economic Freedom of North America (EFNA …) index represents economic freedom. This paper provides causal insights into economic freedom and entrepreneurship in the US …
Persistent link: https://www.econbiz.de/10012827594
Tort and civil liability reform has been a hotly debated issue across US states. This has spawned a large theoretical and empirical academic literature that evaluates the implications of such reform and the impact that it can have on various aspects of an economy. This study adds to that...
Persistent link: https://www.econbiz.de/10014111523
empirical analysis exploits variation in licensing regulation across states and industries and constructs indicators for both … the share of employment subject to licensing (the extensive margin) and the strictness of regulation (the intensive margin … with more extensive and stricter licensing regulation. The results from the analysis of earnings are generally mixed and …
Persistent link: https://www.econbiz.de/10012202931
The repeal of the Prohibition Act in 1933 introduced state-level regulations on the retail availability of alcoholic beverages. Recently there has been much debate among industry stakeholders on how changes to these laws will affect consumer choices. We develop an index to measure purchase...
Persistent link: https://www.econbiz.de/10012840259
-offs between litigation and regulation as modes of governance, including how laws change under each regime over time. Data on 1 … approach (litigation in the UK, regulation in the US), even within the domain of M&A law. Subject to strong limits on external … regulation and litigation, even for otherwise similar nations in a similar context, and that a combination of interest groups …
Persistent link: https://www.econbiz.de/10013150915
What explains variation in the degree of regulation across US states and industries? We examine cross- sectional … variation in state government regulation facing 81 3-digit North American Industry Classification System industries by matching … states, an increase in industry size is positively correlated with the extent of regulation. Additionally, for most …
Persistent link: https://www.econbiz.de/10013322488
Occupational licensing and non-competition agreements are two important types of labour market regulation in the United … States, both covering around one fifth of all workers. While some regulation is needed to protect safety and ensure quality … these barriers. The States are mainly responsible for labour market regulation and the variation across States is similar to …
Persistent link: https://www.econbiz.de/10012304432
around legal complexity and regulation …
Persistent link: https://www.econbiz.de/10012966720
This article provides a novel theoretical basis for a regulatory budget and compares the theory of regulatory budgeting with the implementation of these programs in U.S. states and the federal government during the Trump administration. The first half of the article is devoted to explaining how...
Persistent link: https://www.econbiz.de/10014076376