Foot on brake or accelerator? An empirical analysis of the effects of corruption on entrepreneurship

Entrepreneurship is one of the factors that contributes to economic growth and corruption is a global economic phenomenon, which might generate obstacles to the development of entrepreneurial activity. This work aims to verify if corruption is an obstacle or an accelerator of entrepreneurship. To ac...

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Detalles Bibliográficos
Autores: Baungarte, Bruna Teixeira, Orellana, Vivian dos Santos Queiroz, Fernandez, Rodrigo Nobre, Menezes, Gabrielito
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2019
País:Brasil
Institución:Universidade do Oeste de Santa Catarina (UNOESC)
Repositorio:RACE (Joaçaba. Online)
Idioma:portugués
OAI Identifier:oai:ojs.periodicos.unoesc.edu.br:article/19261
Acceso en línea:https://periodicos.unoesc.edu.br/race/article/view/19261
Access Level:acceso abierto
Palabra clave:Corruption
Entrepreneurship
Panel data
Corrupção
Empreendedorismo
Dados em painel
Descripción
Sumario:Entrepreneurship is one of the factors that contributes to economic growth and corruption is a global economic phenomenon, which might generate obstacles to the development of entrepreneurial activity. This work aims to verify if corruption is an obstacle or an accelerator of entrepreneurship. To achieve this goal, panel data estimators with a fixed effect were used for a sample of 49 countries in the period from 2010 to 2014. Based on the estimates, it was verified that corruption affects the consolidated entrepreneurship and this effect is consistent only for developing countries, which meets to "grease the wheels" hypothesis.