A Spatial Analysis of Entrepreneurship and Institutional Quality: Evidence from U.S. Metropolitan Areas
| dc.creator | Bologna, Jamie | |
| dc.date | 2017-04-01T13:55:44Z | |
| dc.date.accessioned | 2026-07-09T10:45:06Z | |
| dc.description | This paper uses the Stansel (2013) economic freedom index for a maximum of 375 U.S. metropolitan areas to estimate the effect of economic freedom on entrepreneurship while con-trolling for spatial dependence. This paper finds statistically significant evidence that increas-es in economic freedom in one area result in increases in entrepreneurial activity in neighbor-ing areas. Furthermore, the total (direct plus indirect) effects of an increase in economic free-dom on entrepreneurship are positive and statistically significant, indicating that a positive-sum game is present. However, these effects are small in magnitude. In order to explain a cumulative one standard deviation increase in either one of the entrepreneurial measures pre-sented in this paper, there would have to be an increase in the freedom index equivalent to moving from the least-free area to the most-free area. | |
| dc.identifier | doi:10.22004/ag.econ.243968 | |
| dc.identifier | https://ageconsearch.umn.edu/record/243968/files/jrap_v44_n2_a2_bologna.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/243968 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/621641 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/243968 | |
| dc.title | A Spatial Analysis of Entrepreneurship and Institutional Quality: Evidence from U.S. Metropolitan Areas | |
| dc.type | Text |