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== Abstract == | == Abstract == | ||
− | This paper studies the effects of differences in local administrative burdens in Italy in the years | + | This paper studies the effects of differences in local administrative burdens in Italy in the years 2005â2007 preceding a major reform that sped up firm registration procedures. Combining regulatory data from a survey on Italian provinces before the reform (costs and time to start a business) with industry-level entry rates of limited liability firms, it explores the effects of regulatory barriers on the average of the annual entry rates across industries with different natural propensities to enter the market. The estimates of the cross-sectional analysis show that lengthier and, to some extent, more costly procedures reduced entry in sectors with naturally high entry. A one-day delay in registration procedures reduces the entry rate in highly dynamic sectors by more than 1 percent. These results hold when I include measures of local financial development and of efficiency of bankruptcy procedures are included. |
− | Document type: | + | Document type: Preprint |
== Full document == | == Full document == | ||
− | <pdf>Media: | + | <pdf>Media:Bripi_2016a-beopen1523-5996-document.pdf</pdf> |
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* [https://openknowledge.worldbank.org/bitstream/10986/29125/1/lhv063.pdf https://openknowledge.worldbank.org/bitstream/10986/29125/1/lhv063.pdf] under the license cc-by-nc-nd | * [https://openknowledge.worldbank.org/bitstream/10986/29125/1/lhv063.pdf https://openknowledge.worldbank.org/bitstream/10986/29125/1/lhv063.pdf] under the license cc-by-nc-nd | ||
+ | |||
+ | * [http://academic.oup.com/wber/article-pdf/30/2/383/14135883/lhv063.pdf http://academic.oup.com/wber/article-pdf/30/2/383/14135883/lhv063.pdf], | ||
+ | : [http://dx.doi.org/10.1093/wber/lhv063 http://dx.doi.org/10.1093/wber/lhv063] | ||
+ | |||
+ | * [https://elibrary.worldbank.org/doi/abs/10.1093/wber/lhv063 https://elibrary.worldbank.org/doi/abs/10.1093/wber/lhv063], | ||
+ | : [https://openknowledge.worldbank.org/handle/10986/24224?show=full https://openknowledge.worldbank.org/handle/10986/24224?show=full], | ||
+ | : [https://academic.microsoft.com/#/detail/2346129721 https://academic.microsoft.com/#/detail/2346129721] | ||
+ | |||
+ | * [https://www.bancaditalia.it/pubblicazioni/temi-discussione/2013/2013-0932/en_tema_932.pdf https://www.bancaditalia.it/pubblicazioni/temi-discussione/2013/2013-0932/en_tema_932.pdf], | ||
+ | : [http://documents.worldbank.org/curated/pt/935951467993514499/The-role-of-regulation-on-entry-evidence-from-the-Italian-provinces http://documents.worldbank.org/curated/pt/935951467993514499/The-role-of-regulation-on-entry-evidence-from-the-Italian-provinces], | ||
+ | : [https://ideas.repec.org/a/oup/wbecrv/v30y2016i2p383-411..html https://ideas.repec.org/a/oup/wbecrv/v30y2016i2p383-411..html], | ||
+ | : [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2358439 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2358439], | ||
+ | : [https://academic.oup.com/wber/article/30/2/383/2224448 https://academic.oup.com/wber/article/30/2/383/2224448], | ||
+ | : [https://www.scipedia.com/public/Bripi_2016a https://www.scipedia.com/public/Bripi_2016a], | ||
+ | : [https://papers.ssrn.com/sol3/Delivery.cfm/7650.pdf?abstractid=2770861&mirid=1&type=2 https://papers.ssrn.com/sol3/Delivery.cfm/7650.pdf?abstractid=2770861&mirid=1&type=2], | ||
+ | : [https://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7650 https://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7650], | ||
+ | : [https://econpapers.repec.org/RePEc:oup:wbecrv:v:30:y:2016:i:2:p:383-411. https://econpapers.repec.org/RePEc:oup:wbecrv:v:30:y:2016:i:2:p:383-411.], | ||
+ | : [http://academic.oup.com/wber/article-abstract/30/2/383/2224448 http://academic.oup.com/wber/article-abstract/30/2/383/2224448], | ||
+ | : [https://www.doingbusiness.org/special-features/conference/~/media/GIAWB/Doing%20Business/Documents/Miscellaneous/Conference2014/S1-1.pdf https://www.doingbusiness.org/special-features/conference/~/media/GIAWB/Doing%20Business/Documents/Miscellaneous/Conference2014/S1-1.pdf], | ||
+ | : [https://academic.microsoft.com/#/detail/1892459126 https://academic.microsoft.com/#/detail/1892459126] | ||
DOIS: 10.2139/ssrn.2358439 10.1093/wber/lhv063 10.1596/1813-9450-7650 | DOIS: 10.2139/ssrn.2358439 10.1093/wber/lhv063 10.1596/1813-9450-7650 |
This paper studies the effects of differences in local administrative burdens in Italy in the years 2005â2007 preceding a major reform that sped up firm registration procedures. Combining regulatory data from a survey on Italian provinces before the reform (costs and time to start a business) with industry-level entry rates of limited liability firms, it explores the effects of regulatory barriers on the average of the annual entry rates across industries with different natural propensities to enter the market. The estimates of the cross-sectional analysis show that lengthier and, to some extent, more costly procedures reduced entry in sectors with naturally high entry. A one-day delay in registration procedures reduces the entry rate in highly dynamic sectors by more than 1 percent. These results hold when I include measures of local financial development and of efficiency of bankruptcy procedures are included.
Document type: Preprint
The different versions of the original document can be found in:
DOIS: 10.2139/ssrn.2358439 10.1093/wber/lhv063 10.1596/1813-9450-7650
Published on 01/01/2016
Volume 2016, 2016
DOI: 10.2139/ssrn.2358439
Licence: CC BY-NC-SA license
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