Entrepreneurship and economic freedom: cross-country evidence from formal and informal sectors

被引:37
|
作者
Saunoris, James W. [1 ]
Sajny, Aishath [1 ]
机构
[1] Eastern Michigan Univ, Dept Econ, Ypsilanti, MI 48197 USA
来源
关键词
Economic freedom; entrepreneurship; informal entrepreneurs; formal entrepreneurs; INSTITUTIONS; TESTS;
D O I
10.1080/08985626.2016.1267806
中图分类号
F [经济];
学科分类号
02 ;
摘要
The paper empirically examines the effect of economic freedom on the average prevalence of formal and informal entrepreneurship. Whereas the formal entrepreneurship and economic freedom nexus has been studied, the influence of economic freedom on informal entrepreneurship is less forthcoming. The results, based on cross-country data and after accounting for possible reverse causality, show that economic freedom promotes formal entrepreneurship and inhibits informal entrepreneurship. Furthermore, the return from economic freedom is greatest in countries with a relatively higher prevalence of formal and informal entrepreneurship.
引用
收藏
页码:292 / 316
页数:25
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