This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Do Market Regulation and Financial Imperfections Affect Firm Size? New Empirical Evidence Author info | Abstract | Publisher info | Download info | Related research | Statistics Raquel Fonseca () (University of Salerno and CSEF )
Natalia Utrero González () (Universidad Autonoma de Barcelona and CSEF)
Additional information is available for the following
registered author(s):
This paper investigates the importance that market regulation and financial imperfections have in firm size. We analyse institutions affecting labour market as Employment Protection Laws (EPL) and Product Market Regulation (PMR). Moreover, we study the effects of these institutions on firm growth. We use data from 29 industrial sectors across 15 developed countries. We find that market regulations related to financial imperfections help to explain differences in firm structure across countries.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy in its series CSEF Working Papers with number
119.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length:
Date of creation: 01 May 2004Date of revision:
Handle: RePEc:sef:csefwp:119Contact details of provider: Postal: I-80126 Napoli Phone: +39 081 - 675372 Fax: +39 081 - 675372 Email: Web page: http://www.csef.it/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Lia Ambrosio).
Keywords: Financial development ; labour market institutions ; firm structure ; Find related papers by JEL classification: G2 - Financial Economics - - Financial Institutions and Services G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Private Pensions L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
This paper has been announced in the following NEP Reports :
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.: Stefano Scarpetta & Philip Hemmings & Thierry Tressel & Jaejoon Woo, 2002.
"The Role of Policy and Institutions for Productivity and Firm Dynamics: Evidence from Micro and Industry Data ,"
OECD Economics Department Working Papers
329, OECD, Economics Department.
[Downloadable!]
Raghuram G. Rajan & Luigi Zingales, 2001.
"Financial Systems, Industrial Structure, and Growth ,"
Oxford Review of Economic Policy ,
Oxford University Press, vol. 17(4), pages 467-482.
Steven J. Davis & Magnus Henrekson, 1997.
"Explaining National Differences in the Size and Industry Distribution of Employment ,"
NBER Working Papers
6246, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Boeri, Tito & Nicoletti, Giuseppe & Scarpetta, Stefano, 2000.
"Regulation And Labour Market Performance ,"
CEPR Discussion Papers
2420, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions: Dulleck, Uwe & Frijters, Paul & Winter-Ebmer, Rudolf, 2003.
"Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market ,"
IZA Discussion Papers
923, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions:
Paul Frijters & Uwe Dulleck & Rudolf Winter-Ebmer, 2006.
"Reducing Start-up costs for New Firms: The Double Dividend on the Labor Market ,"
Paul Frijters Discussion Papers
2006, School of Economics and Finance, Queensland University of Technology.
[Downloadable!] Uwe Dulleck & Paul Frijters & Rudolf Winter-Ebmer, 2003.
"Reducing start-up costs for New Firms: The double dividend on the labor market ,"
Economics working papers
2003-13, Department of Economics, Johannes Kepler University Linz, Austria.
[Downloadable!] Dulleck, Uwe & Frijters, Paul & Winter-Ebmer, Rudolf, 2004.
"Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market ,"
CEPR Discussion Papers
4172, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Dulleck, Uwe & Frijters, Paul & Winter-Ebmer, Rudolf, 2003.
"Reducing Start-up Costs for New Firms: The Double Dividend on the Labor Market ,"
Economics Series
146, Institute for Advanced Studies.
[Downloadable!] Uwe Dulleck & Paul Frijters & Rudolf Winter-Ebner, 2003.
"Reducing Start-up costs for New Firms: The Double Dividend on the Labor Market ,"
Vienna Economics Papers
0317, University of Vienna, Department of Economics.
[Downloadable!] Uwe Dulleck & Paul Frijters & Rudolf Winter-Ebmer, 2006.
"Reducing Start-up Costs for New Firms: The Double Dividend on the Labor Market ,"
Scandinavian Journal of Economics ,
Blackwell Publishing, vol. 108(2), pages 317-337, 07.
[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)
Silvio Rendón, 2000.
"Job Creation under Liquidity Constraints: The Spanish Case ,"
Economics Working Papers
488, Department of Economics and Business, Universitat Pompeu Fabra.
[Downloadable!]
Other versions: Paloma Lopez-Garcia, 2003.
"Labour Market Performance and Start-up Costs: OECD Evidence ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
Rafael La Porta & Florencio Lopez-de-Silane & Andrei Shleifer & Robert W. Vishny, 1996.
"Law and Finance ,"
NBER Working Papers
5661, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Wasmer, Etienne & Weil, Philippe, 2002.
"The Macroeconomics of Labour and Credit Market Imperfections ,"
CEPR Discussion Papers
3334, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Wasmer, Etienne & Weil, Philippe, 2000.
"The Macroeconomics of Labor and Credit Market Imperfections ,"
IZA Discussion Papers
179, Institute for the Study of Labor (IZA).
[Downloadable!] Etienne Wasmer & Philippe Weil, 2004.
"The Macroeconomics of Labor and Credit Market Imperfections ,"
American Economic Review ,
American Economic Association, vol. 94(4), pages 944-963, September.
[Downloadable!] Rajan, Raghuram G & Zingales, Luigi, 1998.
"Financial Dependence and Growth ,"
American Economic Review ,
American Economic Association, vol. 88(3), pages 559-86, June.
[Downloadable!] (restricted)
Other versions: Laurence Booth, 2001.
"Capital Structures in Developing Countries ,"
Journal of Finance ,
American Finance Association, vol. 56(1), pages 87-130, 02.
[Downloadable!] (restricted)
Other versions: 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!]
Steve J. Davis & John Haltiwanger, 1991.
"Wage Dispersion Between and Within U.S. Manufacturing Plants, 1963-1986 ,"
NBER Working Papers
3722, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Krishna B. Kumar & Raghuram G. Rajan & Luigi Zingales, .
"What Determines Firm Size? ,"
CRSP working papers
496, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
[Downloadable!]
Other versions:
Kumar, Krishna B & Rajan, Raghuram G & Zingales, Luigi, 1999.
"What Determines Firm Size? ,"
CEPR Discussion Papers
2211, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Krishna B. Kumar & Raghuram G. Rajan & Luigi Zingales, 1999.
"What Determines Firm Size? ,"
NBER Working Papers
7208, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Arellano, Manuel & Bover, Olympia, 1995.
"Another look at the instrumental variable estimation of error-components models ,"
Journal of Econometrics ,
Elsevier, vol. 68(1), pages 29-51, July.
[Downloadable!] (restricted)
Pissarides, Christopher A., 2001.
"Employment protection ,"
Labour Economics ,
Elsevier, vol. 8(2), pages 131-159, May.
[Downloadable!] (restricted)
Simeon Djankov & Rafael La Porta & Florencio Lopez-De-Silanes & Andrei Shleifer, 2002.
"The Regulation Of Entry ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 117(1), pages 1-37, February.
[Downloadable!] (restricted)
Other versions:
Simeon Djankov & Rafael La Porta & Florencio LopezdeSilanes & Andrei Shleifer, 2000.
"The Regulation of Entry ,"
NBER Working Papers
7892, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Simeon Djankov & Rafael La Porta & Florencio Lopez-de-Silanes & Andre Shleifer, 2000.
"The Regulation of Entry ,"
Harvard Institute of Economic Research Working Papers
1904, Harvard - Institute of Economic Research.
[Downloadable!] Djankov, Simeon & La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei, 2001.
"The Regulation of Entry ,"
Working Paper Series
rwp01-015, Harvard University, John F. Kennedy School of Government.
[Downloadable!] Djankov, Simeon & La Porta, Rafael & Shleifer, Andrei & Lopez de Silanes, Florencio, 2001.
"The regulation of entry ,"
Policy Research Working Paper Series
2661, The World Bank.
[Downloadable!] Djankov, Simeon & La Porta, Rafael & López-de-Silanes, Florencio & Shleifer, Andrei, 2001.
"The Regulation of Entry ,"
CEPR Discussion Papers
2953, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Acs, Zoltan J & Audretsch, David B, 1988.
"Innovation in Large and Small Firms: An Empirical Analysis ,"
American Economic Review ,
American Economic Association, vol. 78(4), pages 678-90, September.
[Downloadable!] (restricted)
Steven J. Davis & John Haltiwanger, 1996.
"Employer Size and the Wage Structure in U.S. Manufacturing ,"
Annales d'Economie et de Statistique ,
ADRES, issue 41-42, pages 15, Janvier-J.
[Downloadable!]
Other versions: Blanchard, Olivier & Wolfers, Justin, 2000.
"The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence ,"
Economic Journal ,
Royal Economic Society, vol. 110(462), pages C1-33, March.
[Downloadable!] (restricted)
Other versions: Fonseca, Raquel & Lopez-Garcia, Paloma & Pissarides, Christopher A., 2001.
"Entrepreneurship, start-up costs and employment ,"
European Economic Review ,
Elsevier, vol. 45(4-6), pages 692-705, May.
[Downloadable!] (restricted)
Osano, Hiroshi, 1997.
"An Evolutionary Model of Corporate Governance and Employment Contracts ,"
Journal of the Japanese and International Economies ,
Elsevier, vol. 11(3), pages 403-436, September.
[Downloadable!] (restricted)
Stijn Claessens & Luc Laeven, 2003.
"Financial Development, Property Rights, and Growth ,"
Journal of Finance ,
American Finance Association, vol. 58(6), pages 2401-2436, December.
[Downloadable!] (restricted)
Other versions:
Claessens, Stijn & Laeven, Luc, 2002.
"Financial development, property rights, and growth ,"
Policy Research Working Paper Series
2924, The World Bank.
[Downloadable!] Claessens, Stijn & Laeven, Luc, 2002.
"Financial Development, Property Rights and Growth ,"
CEPR Discussion Papers
3295, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Stefano Scarpetta & Thierry Tressel, 2002.
"Productivity and Convergence in a Panel of OECD Industries: Do Regulations and Institutions Matter? ,"
OECD Economics Department Working Papers
342, OECD, Economics Department.
[Downloadable!]
Tito Boeri & Juan F. Jimeno, .
"The Effects of Employment Protection: Learning from Variable Enforcement ,"
Working Papers
2003-12, FEDEA.
[Downloadable!]
Other versions:
Tito Boeri & Juan F. Jimeno, 2003.
"The Effects of Employment Protection: Learning from Variable Enforcement ,"
Working Papers
252, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
[Downloadable!] Boeri, Tito & Jimeno, Juan Francisco, 2003.
"The Effects of Employment Protection: Learning from Variable Enforcement ,"
CEPR Discussion Papers
3926, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Tito Boeri, 2004.
"The Effects of Employment Protection: Learning from Variable Enforcement ,"
2004 Meeting Papers
445a, Society for Economic Dynamics.
Boeri, Tito & Jimeno, Juan F., 2005.
"The effects of employment protection: Learning from variable enforcement ,"
European Economic Review ,
Elsevier, vol. 49(8), pages 2057-2077, November.
[Downloadable!] (restricted) Blanchflower, David G & Oswald, Andrew J, 1998.
"What Makes an Entrepreneur? ,"
Journal of Labor Economics ,
University of Chicago Press, vol. 16(1), pages 26-60, January.
[Downloadable!] (restricted)
Other versions:
Full
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.)
Raquel FONSECA & Natalia UTRERO- GONZALEZ, 2005.
"Financial Development, Labor and Market Regulations and Growth ,"
Finance
0509016, EconWPA.
[Downloadable!]
Other versions:
Access and
download statistics Did you know? All bibliographic data on IDEAS has been put in the public domain by the publishers.
This page was last updated on 2009-11-8.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .