Economic Freedom and Entrepreneurial Activity


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Economic Freedom and Entrepreneurial Activity

Show simple item record Bjørnskov, Christian en_US Foss, Nicolai J. en_US 2009-02-04T10:27:26Z 2009-02-04T10:27:26Z 2006-09-26T00:00:00Z en_US
dc.identifier.isbn 8791815339 en_US
dc.description.abstract While much attention has been devoted to analyzing how the institutional framework and entrepreneurship impact growth, how economic policy and institutional design affect entrepreneurship appears to be much less analyzed. We try to explain cross-country differences in the level of entrepreneurship by differences in economic policy and institutional design. Specifically, we use the measures of economic freedom to ask which elements of economic policy making and the institutional framework that are responsible for the supply of entrepreneurship (our data on entrepreneurship are derived from the Global Entrepreneurship Monitor). The combination of these two datasets is unique in the literature. We find that the size of government is negatively correlated with entrepreneurial activity but that sound money is positively correlated with entrepreneurial activity. Other measures of economic freedom are not significantly correlated with entrepreneurship. JEL CODE: M13, O31, O50 KEYWORDS: Economic freedom, entrepreneurship, cross-country variation. en_US
dc.format.extent 38 s. en_US
dc.language eng en_US
dc.relation.ispartofseries SMG Working paper;2006-015 en_US
dc.title Economic Freedom and Entrepreneurial Activity en_US
dc.type wp en_US
dc.accessionstatus modt06sep26 mielmo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Center for Strategi og Globalisering en_US
dc.contributor.departmentshort SMG en_US
dc.contributor.departmentuk Center for Strategic Management and Globalization en_US
dc.contributor.departmentukshort SMG en_US
dc.idnumber 8791815339 en_US København en_US
dc.publisher.year 2006 en_US
dc.title.subtitle Some Cross-Country Evidence en_US

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