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        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle
        New Firm Registration and the Business Cycle

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        New Firm Registration and the Business Cycle

        ABSTRACT

        This paper uses new panel data on the number of new firm registrations in 109 countries during 2002–2012 to study the relationship between entrepreneurship and economic growth. The data show strong evidence of a pro-cyclical pattern in entrepreneurship. An examination of heterogeneous relationships between new firm registration and the business cycle finds that higher levels of financial development and better business environments are associated with stronger pro-cyclicality of entrepreneurship both across countries and within countries over time.

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        DOCUMENT INFO

        • TypeReport, Research Paper
        • PriceFree
        • FormatPDF
        • Size664 KB
        • LanguageEnglish
        • Stacks0
        • Postedabout 4 years ago
        • Authored-
        • Added byHashdoc Content Review
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