The regulation of entry

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The regulation of entry, Volume 1

Author:	Djankov, Simeon; La Porta, Rafael; Shleifer, Andrei; Lopez de Silanes, Florencio;	Collection Title:	Policy, Research working paper ; no. WPS 2661
Date Stored:	2001/11/22	Document Date:	2001/08/31
Document Type:	Policy Research Working Paper	Language:	English
Major Sector:	(Historic)Private Sector Development	Report Number:	WPS2661
Sub Sectors:	Business Environment	SubTopics:	Environmental Economics & Policies; Governance Indicators; International Terrorism & Counterterrorism; Economic Theory & Research; National Governance; Health Monitoring & Evaluation; Public Health Promotion; Public Sector Economics
Volume No:	1

Summary: The authors present new data on the regulation of the entry of start-up firms in 85 countries. The data cover the number if procedures, official time, and official costs that a start-up firm must bear before it can operate legally. The official costs of entry are extremely high in most countries. Countries that regulate entry more heavily have greater corruption and larger unofficial economics, but not better quality goods (public or private). Countries with more democratic and limited governments regulate entry more lightly. The evidence is inconsistent with public interest theories of regulations, but supports the public choice view that regulating entry benefits politicians and bureaucrats.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 54 pages	Official version*	3.78 (approx.)
	Text	Text version**


Light-Weight Documents Lighter (less MB) documents which may or may not be the final, official version
File Type		Description	File Size (mb)

	PDF 49 pages	WPS2661	0.12

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.

** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

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