Entrepreneurship, start-up costs and employment

被引：145
|
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
收藏
页码：692 / 705
页数：14
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