Barriers to Entrepreneurship - World Bank
Barriers to Entrepreneurship - World Bank
Barriers to Entrepreneurship - World Bank
- No tags were found...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Are Entry <strong>Barriers</strong>Socially Harmful or Beneficial ?• If entry barriers screen appropriately (public interest view), weshould find that incumbent older firms in naturally high entryindustries should grow relatively faster in countries with highentry regulations. We find the opposite (private interest view).• The value added by naturally “high-entry” industries grows moreslowly in countries with high entry barriers. The effect isprimarily seen for older firms suggesting that entry barriers mutethe disciplining effect of competition.7