| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7287 |
| DP7287 Long Term Changes in Voting Power and Control Structure following the Unification of Dual Class Shares | |
| YIshay Yafeh; Beni Lauterbach | |
| 发表日期 | 2009-04-26 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining country-level institutional indicators for 44 countries with working age population survey data taken from the Global Enterprise Monitor. A methodological contribution is the use of factor analysis to reduce the statistical problems with the array of highly collinear institutional indicators. We find that the key institutional features that enhance entrepreneurial activity are indeed the rule of law and limits to the state sector. However, these results are sensitive to the level of development. |
| 主题 | Development Economics ; Industrial Organization |
| 关键词 | Access to finance entrepreneurship Property rights |
| URL | https://cepr.org/publications/dp7287 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536124 |
| 推荐引用方式 GB/T 7714 | YIshay Yafeh,Beni Lauterbach. DP7287 Long Term Changes in Voting Power and Control Structure following the Unification of Dual Class Shares. 2009. |
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