Do entry regulations deter entrepreneurship and job creation? Evidence from recent reforms in Portugal.

Autor/inn/en	Branstetter, Lee; Lima, Francisco; Taylor, Lowell J.; Venancio, Ana
Titel	Do entry regulations deter entrepreneurship and job creation? Evidence from recent reforms in Portugal. Gefälligkeitsübersetzung: Verhindern Zugangsbarrieren Unternehmertum und die Schaffung von Arbeitsplätzen? Erkenntnisse aus jüngeren Reformen in Portugal.
Quelle	In: The economic journal, 124 (2014) 577, S. 805-832 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0013-0133; 1468-0297
DOI	10.1111/ecoj.12044
Schlagwörter	Reformpolitik; Beschäftigungseffekt; Branche; Unternehmensgröße; Unternehmensgründung; Wirtschaftspolitik; Qualifikationsniveau; Unternehmer; Auswirkung; Regulation; Sektorale Verteilung; Portugal
Abstract	We evaluate the consequences of a recent regulatory reform in Portugal, which substantially reduced the cost of firm entry. Our analysis uses matched employer - employee data, which provide unusually rich information on the characteristics of founders and employees associated with new firms before and after the reform. We find that the short-term consequences of the reform were as one would predict with a standard economic model of entrepreneurship: the reform resulted in increased firm formation and employment, but mostly among 'marginal firms' that would have been most readily deterred by existing heavy entry regulations. These marginal firms were typically small, owned by relatively poorly educated entrepreneurs, and operating in low-technology sectors (agriculture, construction and retail trade). In comparison to firms that entered in the absence of the reform, these marginal firms were less likely to survive their first two years. (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2014/4