Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/159829
Authors: 
Carbonara, Emanuela
Santarelli, Enrico
Year of Publication: 
2015
Series/Report no.: 
Quaderni - Working Paper DSE 991
Abstract: 
This paper provides empirical evidence supporting the view that constitutions may influence the organization of economic activities. Dealing with the issue of the institutional determinants of entrepreneurship, it shows that some of the provisions contained in national constitutions are positively and significantly associated to a standard measure of entrepreneurial dynamics, namely the rate of new business density. Using a novel dataset containing the characteristics of the constitutions enacted in the world and a sample of 115 countries, the paper finds that provisions about the right to conduct/establish a business, the right to strike, consumer protection, protection of trademarks, and education promote higher rates of new firm formation.
JEL: 
D72
K10
H10
L26
M13
O50
P48
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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