publication . Other literature type . Preprint . 2015

Creating the environment for entrepreneurship through economic freedom

Joshua C. Hall; Robert A. Lawson; Saurav Roychoudhury;
Open Access
  • Published: 01 May 2015 Journal: Public Policy, Productive and Unproductive Entrepreneurship
  • Publisher: Edward Elgar Publishing
Abstract
In this paper we argue that the ability of people to freely trade, enter into contracts, and start businesses in a system of private property and the rule of law is crucial for productive entrepreneurship. One measure of how freely individuals can engage in economic activity is the Economic Freedom of the World (EFW) index. After examining the economic policies that harm economic freedom and possibly entrepreneurship, we highlight the correspondence between economic freedom and a number of measures of entrepreneurship. We conclude with some thoughts regarding future research involving economic freedom and entrepreneurship.
Subjects
free text keywords: economic freedom, institutions, entrepreneurship, new firm, Harm, Rule of law, Private property, Public policy, Economic freedom, Entrepreneurship, Index of Economic Freedom, Economics, Market economy, Economic Freedom of the World, jel:M13, jel:O50
23 references, page 1 of 2

Al-Ubaydli, Omar, and Patrick McLaughlin. 2013. “RegData: A Numberical Database on Industry-Specific Regulations for All U.S. Industries and Federal Regulations, 1997- 2010.” George Mason University Mercatus Center Working Paper No. 12-20.

Benson, Bruce. 2004. “Opportunities Forgone: The Unmeasurable Costs of Regulation.” Journal of Private Enterprise 19(2): 1-25.

Bindas, Michael. 2010. L.A. vs. Small Business: City of Angels No Heaven for Entrepreneurs. Institute for Justice City Study Series.

Bjørnskov, Christian, and Nicolai J. Foss. 2008. “Economic Freedom and Entrepreneurial Activity: Some Cross-Country Evidence.” Public Choice 134(3-4): 307-328.

Bjørnskov, Christian, and Nicolai Foss. 2012. How Institutions of Liberty Promote Entrepreneurship and Growth. In James Gwartney, Robert Lawson, and Joshua Hall (eds.) Economic Freedom of the World: 2012 Annual Report (Vancouver: Fraser Institute/Economic Freedom Network). [OpenAIRE]

Campbell, Noel, and Tammy M. Rogers. 2007. “Economic Freedom and Net Business Formation.” Cato Journal 27(1): 23-36. [OpenAIRE]

Frommer, Robert. 2010. Washington, DC vs. Entrepreneurs: DC's Monumental Regulations Stifle Small Businesses. Institute for Justice City Study Series.

Gohmann, Stephan, Bradley Hobbs, and Myra McCrickard. 2008. “Economic Freedom and Service Industry Growth in the United States.” Entrepreneurship Theory and Practice 32(5): 855-874.

Gohmann, Stephan, Bradley Hobbs, and Myra McCrickard. 2013. “Economic Freedom, Entrepreneurial Activity, and the Service Sector.” Journal of Entrepreneurship and Public Policy 2(2): 144-159.

Gwartney, James, Robert Lawson, and Walter Block. 1996. Economic Freedom of the World: 1975-1995 (Vancouver: Fraser Institute/Economic Freedom Network).

Gwartney, James, Robert Lawson, and Joshua Hall. 2014. Economic Freedom of the World: 2014 Annual Report (Vancouver: Fraser Institute/Economic Freedom Network).

Hall, Joshua, and Robert Lawson. 2014. “Economic Freedom of the World: An Accounting of the Literature.” Contemporary Economic Policy 32(1): 1-19.

Hall, Joshua C., and Justin M. Ross. 2009. “New Empirical Estimates of Rent-Seeking: An Update of Sobel and Garrett [2002].” Journal of Public Finance and Public Choice 27(2- 3): 125-136.

Hall, Joshua, and Russell Sobel. 2008. “Institutions, Entrepreneurship, and Regional Differences in Economic Growth.” American Journal of Entrepreneurship 1(1): 69-96.

Hall, Joshua, Boris Nikolaev, John Pulito and Ben VanMetre, 2013. “Freedom and Entrepreneurship: New Evidence from the States.” American Journal of Entrepreneurship 6(1): 85-99.

23 references, page 1 of 2
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue
publication . Other literature type . Preprint . 2015

Creating the environment for entrepreneurship through economic freedom

Joshua C. Hall; Robert A. Lawson; Saurav Roychoudhury;