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Enterprise Formation and Labor Market Institutions Author info | Abstract | Publisher info | Download info | Related research | Statistics Vesa Kanniainen ()
Timo Vesala ()
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The paper introduces a model of enterprise formation in a unionized economy with labor protection and wage bargaining. Enterprise formation is subject to future market risk and is shaped by labor market institutions in the post-entry stage. The predictions of the model are tested in cross-section OECD data on 19 economies over 1978-98. Support is found for the view that enterprise formation is adversely affected by economic risks, unemployment compensation, union power, and labor protection variables.
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Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number
CESifo Working Paper No. 359.
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Date of creation: 2000Date of revision:
Handle: RePEc:ces:ceswps:_359Contact details of provider: Postal: Poschingerstrasse 5, 81679 Munich Phone: +49 (89) 9224-0 Fax: +49 (89) 985369 Web page: http://www.cesifo.de
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Keywords: Entrepreneurship ; labor protection ; labor unions ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Vesa Kanniainen & Mikko Leppamaki, 2000.
"Entrepreneurship in a Unionised Economy ,"
Econometric Society World Congress 2000 Contributed Papers
1473, Econometric Society.
[Downloadable!]
Other versions: Bertola, Giuseppe, 1990.
"Job security, employment and wages ,"
European Economic Review ,
Elsevier, vol. 34(4), pages 851-879, June.
[Downloadable!] (restricted)
Lazear, Edward P, 1990.
"Job Security Provisions and Employment ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 105(3), pages 699-726, August.
[Downloadable!] (restricted)
Bentolila, Samuel & Saint-Paul, Gilles, 1994.
"A model of labor demand with linear adjustment costs ,"
Labour Economics ,
Elsevier, vol. 1(3-4), pages 303-326, September.
[Downloadable!] (restricted)
Other versions:
Bentolila, Samuel & Saint-Paul, Gilles, 1992.
"A Model of Labour Demand with Linear Adjustment Costs ,"
CEPR Discussion Papers
690, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Bentolila, S. & Saint-Paul, G., 1992.
"A Model of Labour Demand with Linear Adjustment Costs ,"
DELTA Working Papers
92-05, DELTA (Ecole normale supérieure).
Bentolila, S. & Saint-Paul, G., 1995.
"A model of labour demand with linear adjustment costs ,"
Labour Economics ,
Elsevier, vol. 2(1), pages 105-105, March.
[Downloadable!] (restricted) Blanchflower, David G., 2000.
"Self-employment in OECD countries ,"
Labour Economics ,
Elsevier, vol. 7(5), pages 471-505, September.
[Downloadable!] (restricted)
Other versions: Jonathan Temple, 1999.
"The New Growth Evidence ,"
Journal of Economic Literature ,
American Economic Association, vol. 37(1), pages 112-156, March.
[Downloadable!] (restricted)
Giuseppe Nicoletti & Stefano Scarpetta & Olivier Boylaud, 2000.
"Summary Indicators of Product Market Regulation with an Extension to Employment Protection Legislation ,"
OECD Economics Department Working Papers
226, OECD, Economics Department.
[Downloadable!]
Zvi Griliches & Jacques Mairesse, 1995.
"Production Functions: The Search for Identification ,"
Harvard Institute of Economic Research Working Papers
1719, Harvard - Institute of Economic Research.
Other versions: Bentolila, Samuel & Bertola, Giuseppe, 1990.
"Firing Costs and Labour Demand: How Bad Is Eurosclerosis? ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 57(3), pages 381-402, July.
[Downloadable!] (restricted)
Lindh, Thomas & Ohlsson, Henry, 1998.
"Self-Employment and Wealth Inequality ,"
Review of Income and Wealth ,
Blackwell Publishing, vol. 44(1), pages 25-42, March.
Bertola, Giuseppe, 1992.
"Labor Turnover Costs and Average Labor Demand ,"
Journal of Labor Economics ,
University of Chicago Press, vol. 10(4), pages 389-411, October.
[Downloadable!] (restricted)
Other versions: Parker, Simon C, 1996.
"A Time Series Model of Self-Employment under Uncertainty ,"
Economica ,
London School of Economics and Political Science, vol. 63(251), pages 459-75, August.
[Downloadable!] (restricted)
Nickell, Stephen, 1997.
"Unemployment and Labor Market Rigidities: Europe versus North America ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 11(3), pages 55-74, Summer.
[Downloadable!] (restricted)
Risager, Ole & Sorensen, Jan Rose, 1997.
"On the effects of firing costs when investment is endogenous: An extension of a model by Bertola ,"
European Economic Review ,
Elsevier, vol. 41(7), pages 1343-1353, July.
[Downloadable!] (restricted)
Lindh, Thomas & Ohlsson, Henry, 1996.
"Self-Employment and Windfall Gains: Evidence from the Swedish Lottery ,"
Economic Journal ,
Royal Economic Society, vol. 106(439), pages 1515-26, November.
[Downloadable!] (restricted)
White, Halbert, 1980.
"A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity ,"
Econometrica ,
Econometric Society, vol. 48(4), pages 817-38, May.
[Downloadable!] (restricted)
Rothschild, Michael & Stiglitz, Joseph E., 1970.
"Increasing risk: I. A definition ,"
Journal of Economic Theory ,
Elsevier, vol. 2(3), pages 225-243, September.
[Downloadable!] (restricted)
Lindbeck, Assar & Snower, Dennis J., 1987.
"Efficiency wages versus insiders and outsiders ,"
European Economic Review ,
Elsevier, vol. 31(1-2), pages 407-416.
[Downloadable!] (restricted)
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Vesa Kanniainen & Panu Poutvaara, 2007.
"Imperfect Transmission of Tacit Knowledge and other Barriers to Entrepreneurship ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
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