Property rights and entrepreneurship

IF 1.8 Q3 ECONOMICS

ECONOMIC AFFAIRS Pub Date : 2025-10-21 DOI:10.1111/ecaf.70007

Leonel A Regalado Cardoso

引用次数: 0

Abstract

This article examines the relationship between the quality of property rights institutions and entrepreneurial activity, using panel data from 90 countries between 2004 and 2018. The results provide evidence of a U-shaped association: at low levels of property rights enforcement, entrepreneurship rates are elevated because of necessity-driven activity; as institutions improve moderately, total entrepreneurship initially declines but, at higher levels of property rights protection, opportunity-driven entrepreneurship rises, increasing overall entrepreneurial activity.

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产权与创业

本文利用2004年至2018年间90个国家的面板数据，考察了产权制度质量与创业活动之间的关系。研究结果提供了u形关联的证据：在产权执法水平较低的情况下，创业率因需求驱动的活动而升高；随着制度的适度改善，创业总数最初会下降，但在产权保护水平较高的情况下，机会驱动的创业会上升，从而增加总体创业活动。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

ECONOMIC AFFAIRS ECONOMICS-

CiteScore

1.40

自引率

14.30%

发文量

期刊介绍： Economic Affairs is a journal for those interested in the application of economic principles to practical affairs. It aims to stimulate debate on economic and social problems by asking its authors, while analysing complex issues, to make their analysis and conclusions accessible to a wide audience. Each issue has a theme on which the main articles focus, providing a succinct and up-to-date review of a particular field of applied economics. Themes in 2008 included: New Perspectives on the Economics and Politics of Ageing, Housing for the Poor: the Role of Government, The Economic Analysis of Institutions, and Healthcare: State Failure. Academics are also invited to submit additional articles on subjects related to the coverage of the journal. There is section of double blind refereed articles and a section for shorter pieces that are reviewed by our Editorial Board (Economic Viewpoints). Please contact the editor for full submission details for both sections.