Publication:
The Role of Regulation on Entry: Evidence from the Italian Provinces

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dc.contributor.authorBripi, Francesco
dc.date.accessioned2016-05-04T19:56:17Z
dc.date.available2016-05-04T19:56:17Z
dc.date.issued2016-04
dc.description.abstractThis paper studies the effects of differences in local administrative burdens in Italy in the years 2005–2007 preceding a major reform that sped up firm registration procedures. Combining regulatory data from a survey on Italian provinces before the reform (costs and time to start a business) with industry-level entry rates of limited liability firms, it explores the effects of regulatory barriers on the average of the annual entry rates across industries with different natural propensities to enter the market. The estimates of the cross-sectional analysis show that lengthier and, to some extent, more costly procedures reduced entry in sectors with naturally high entry. A one-day delay in registration procedures reduces the entry rate in highly dynamic sectors by more than 1 percent. These results hold when I include measures of local financial development and of efficiency of bankruptcy procedures are included.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/04/26279734/role-regulation-entry-evidence-italian-provinces
dc.identifier.doi10.1596/1813-9450-7650
dc.identifier.urihttps://hdl.handle.net/10986/24224
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7650
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBUSINESS ACTIVITIES
dc.subjectBUSINESS OWNERS
dc.subjectRED TAPE
dc.subjectECONOMIC GROWTH
dc.subjectBUSINESS OPPORTUNITIES
dc.subjectPEOPLE
dc.subjectENTREPRENEURIAL ACTIVITIES
dc.subjectFINANCING
dc.subjectINCOME
dc.subjectINTEREST
dc.subjectCREDIT AVAILABILITY
dc.subjectVEHICLES
dc.subjectBIAS
dc.subjectPRIVATE CREDIT
dc.subjectLIQUIDITY
dc.subjectENTREPRENEURS
dc.subjectEXPORTS
dc.subjectPOLITICAL ECONOMY
dc.subjectMULTINATIONAL
dc.subjectBUREAUCRATIC OBSTACLES
dc.subjectECONOMIC POLICY
dc.subjectRESEARCHER
dc.subjectLOAN
dc.subjectVARIABLES
dc.subjectCHARACTERISTICS OF BUSINESS OWNERS
dc.subjectTAX
dc.subjectBENCHMARKS
dc.subjectCORRUPTION
dc.subjectSAVING
dc.subjectBANKRUPTCY
dc.subjectBINDING
dc.subjectAIR
dc.subjectCREDITORS
dc.subjectINTERNATIONAL BANK
dc.subjectCREDITOR
dc.subjectBUSINESS OPPORTUNITY
dc.subjectREPAIRS
dc.subjectNEW BUSINESS
dc.subjectBANK COMPETITION
dc.subjectCOMPUTER
dc.subjectEXTERNAL FINANCE
dc.subjectDEVELOPMENT
dc.subjectSTART-UP COSTS
dc.subjectCOMMUNICATIONS
dc.subjectDATA
dc.subjectSTART-UP
dc.subjectPER CAPITA INCOME
dc.subjectCOSTS
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectTELECOMMUNICATIONS
dc.subjectADVANCED ECONOMIES
dc.subjectTRANSPORT
dc.subjectTRANSPORT ACTIVITIES
dc.subjectGROWTH OPPORTUNITIES
dc.subjectPROBABILITY
dc.subjectECONOMIC SYSTEM
dc.subjectCASES
dc.subjectDEBT
dc.subjectBARRIERS TO ENTRY
dc.subjectWEB
dc.subjectRESEARCH
dc.subjectENTERPRISES
dc.subjectTRANSPORT EQUIPMENT
dc.subjectBANK CREDIT
dc.subjectDATABASES
dc.subjectCLASSIFICATION
dc.subjectFINANCIAL SYSTEM
dc.subjectREAL ESTATE
dc.subjectFINANCE
dc.subjectPUBLISHING
dc.subjectEXPENDITURE
dc.subjectDEREGULATION
dc.subjectVALUE ADDED
dc.subjectTRAVEL
dc.subjectCAPITAL
dc.subjectECONOMIC PERFORMANCE
dc.subjectDESCRIPTION
dc.subjectVALUE
dc.subjectLAND TRANSPORT
dc.subjectBANK
dc.subjectREPAIR
dc.subjectCREDIT
dc.subjectINDEX
dc.subjectNEW BUSINESSES
dc.subjectHOUSEHOLD
dc.subjectADMINISTRATIVE BURDENS
dc.subjectAGRICULTURE
dc.subjectBUSINESS CAPITAL
dc.subjectINDEXES
dc.subjectMOTOR VEHICLES
dc.subjectENTERPRISE
dc.subjectPROPERTY
dc.subjectEMPLOYMENT GROWTH
dc.subjectJOB CREATION
dc.subjectMEASUREMENT
dc.subjectBENCHMARK
dc.subjectENDOGENOUS VARIABLES
dc.subjectCASE
dc.subjectECONOMIC SYSTEMS
dc.subjectREGRESSION ANALYSIS
dc.subjectACCESS TO CREDIT
dc.subjectCONCEPT
dc.subjectECONOMIC DEVELOPMENT
dc.subjectADMINISTRATIVE BARRIERS
dc.subjectTRADE
dc.subjectAIR TRANSPORT
dc.subjectGDP
dc.subjectGOODS
dc.subjectOBJECT
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectGROWTH RATE
dc.subjectHOUSEHOLDS
dc.subjectECONOMIC CRISIS
dc.subjectINTERNAL FUNDS
dc.subjectCOOPERATION
dc.subjectFUEL
dc.subjectREVENUE
dc.subjectSTANDARD
dc.subjectCOMMUNICATION
dc.subjectEXTERNAL FINANCING
dc.subjectFEES
dc.subjectDATABASE
dc.subjectNOISE
dc.subjectENTREPRENEUR
dc.subjectFINANCIAL SYSTEMS
dc.subjectENTRY
dc.subjectCASH FLOW
dc.subjectSTART-UPS
dc.subjectDEVELOPMENT POLICY
dc.subjectEMPLOYEES
dc.titleThe Role of Regulation on Entryen
dc.title.subtitleEvidence from the Italian Provincesen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.associatedcontenthttps://openknowledge.worldbank.org/handle/10986/29125 Journal version
okr.crossref.titleThe Role of Regulation on Entry: Evidence from the Italian Provinces
okr.date.disclosure2016-04-26
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/04/26279734/role-regulation-entry-evidence-italian-provinces
okr.guid935951467993514499
okr.identifier.doi10.1596/1813-9450-7650
okr.identifier.doihttps://doi.org/10.1596/1813-9450-7650
okr.identifier.externaldocumentum090224b0842cd724_1_0
okr.identifier.internaldocumentum26279734
okr.identifier.reportWPS7650
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/04/26/090224b0842cd724/1_0/Rendered/PDF/The0role0of0re0he0Italian0provinces.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryItaly
okr.topicPrivate Sector Development::Business Environment
okr.topicPrivate Sector Development::Enterprise Development & Reform
okr.topicPrivate Sector Development::Small and Medium Size Enterprises
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitOperations and Strategy Team, Development Economics Vice Presidency
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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