Economic Freedom and Entrepreneurial Activity: Evidence from EU 11 Countries
Economic Freedom and Entrepreneurial Activity: Evidence from EU 11 Countries
Author(s): Dragan Mandić, Zoran Borović, Mladen JovićevićSubject(s): Economy, Business Economy / Management, Economic history, Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Oikos institut-Istraživački centar Bijeljina
Keywords: Institutional framework; Economic freedom; the entrepreneurial activity;
Summary/Abstract: In this paper, we will present the results of our survey on economic freedom and entrepreneurial activity. We have conducted our analysis on EU 11countries (Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Spain, Sweden and United Kingdom) for the time period 2000- 2014. To measure the entrepreneurial activity we have used data from the Global Entrepreneurship Monitor, and to measure economic freedom, we have used data from Fraiser Institute. Our results suggest strong positive and statistically significant, long term impact of economic freedom on entrepreneurial activity.
Journal: ECONOMICS-INNOVATIVE AND ECONOMICS RESEARCH JOURNAL
- Issue Year: 5/2017
- Issue No: 2
- Page Range: 11-17
- Page Count: 7
- Language: English