Entrepreneurship, start-up costs and employment

被引：140

作者：

Fonseca, R ^{[1
]}

Lopez-Garcia, P ^{[1
]}

Pissarides, CA ^{[1
]}

机构：

[1] Univ London London Sch Econ & Polit Sci, Ctr Econ Performance, Dept Econ, London WC2A 2AE, England

来源：

EUROPEAN ECONOMIC REVIEW | 2001年 / 45卷 / 4-6期

关键词：

managers; search; matching; start-up costs; job creation;

D O I：

10.1016/S0014-2921(01)00131-3

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study the effects of business start-up costs on employment, in a model with managers, workers and matching. We show that higher start-up costs discourage entrepreneurs and increase the fraction of the population who become workers. Job creation suffers and employment settles at a lower level. We illustrate with evidence from major OECD economies, where large variations in start-up costs are correlated with large variations in employment levels. (C) 2001 Elsevier Science B.V. All rights reserved.

引用

页码：692 / 705

页数：14

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