The Effects of Corruption and Regulation on Business Entrepreneurship: Evidence from American States

References

• Acs, Z. J., & Armington, C. (2006). Entrepreneurship, geography, and American economic growth. Boston, MA: Cambridge University Press.
   Google Scholar
• Aidis, R., & Mickiewicz, T. (2006). Entrepreneurs, expectations and business expansion: Lessons from Lithuania. Europe-Asia Studies, 58(6), 855–880. doi:10.1080/09668130600830961
   Web of Science ®Google Scholar
• Aidis, R., Estrin, S., & Mickiewicz, T. M. (2012). Size matters: Entrepreneurial entry and government. Small Business Economics, 39(1), 119–139. doi:10.1007/s11187-010-9299-y
   Web of Science ®Google Scholar
• Anokhin, S., & Schulze, W. S. (2009). Entrepreneurship, innovation, and corruption. Journal of Business Venturing, 24(5), 465–476. doi:10.1016/j.jbusvent.2008.06.001
   Web of Science ®Google Scholar
• Armington, C., & Acs, Z. J. (2002). The determinants of regional variation in new firm formation. Regional Studies, 36(1), 33–45. doi:10.1080/00343400120099843
   Web of Science ®Google Scholar
• Audretsch, D. B., Heger, D., & Veith, T. (2015). Infrastructure and entrepreneurship. Small Business Economics, 44(2), 219–230. doi:10.1007/s11187-014-9600-6
   Web of Science ®Google Scholar
• Baumol, W. J. (1990). Entrepreneurship: Productive, unproductive, and destructive. Journal of Political Economy, 98(5, Part 1), 893–921. doi:10.1086/261712
   Web of Science ®Google Scholar
• Baumol, W. J. (1993). Formal entrepreneurship theory in economics: Existence and bounds. Journal of Business Venturing, 8(3), 197–210. doi:10.1016/0883-9026(93)90027-3
   Web of Science ®Google Scholar
• Baumol, W. J. (2005). Education for innovation: Entrepreneurial breakthroughs versus corporate incremental improvements. Innovation Policy and the Economy, 5(1), 33–56. doi:10.1086/ipe.5.25056170
   Google Scholar
• Beck, P. J., & Maher, M. W. (1986). A comparison of bribery and bidding in thin markets. Economics Letters, 20(1), 1–5. doi:10.1016/0165-1765(86)90068-6
   Web of Science ®Google Scholar
• Bjørnskov, C., & Foss, N. (2013). How strategic entrepreneurship and the institutional context drive economic growth. Strategic Entrepreneurship Journal, 7(1), 50–69. doi:10.1002/sej.1148
   Web of Science ®Google Scholar
• Blundell, R., & Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87(1), 115–143. doi:10.1016/S0304-4076(98)00009-8
   Web of Science ®Google Scholar
• Bologna, J. (2014). A spatial analysis of entrepreneurship and institutional quality: Evidence from US metropolitan areas. Journal of Regional Analysis & Policy, 44(2), 109–131. doi:10.1017/S1744137415000156
   Google Scholar
• Bologna, J., & Ross, A. (2015). Corruption and entrepreneurship: Evidence from a random audit program. West Virginia University Department of Economics Working Papers Series, http://busecon.wvu.edu/phd_economics/pdf/15-05.pdf
   Google Scholar
• Capelleras, J. L., & Rabetino, R. (2008). Individual, organizational, and environmental determinants of new firm employment growth: Evidence from Latin America. International Entrepreneurship and Management Journal, 4(1), 79–99. doi:10.1007/s11365-006-0030-z
   Google Scholar
• Carsrud, A. L., & Johnson, R. W. (1989). Entrepreneurship: A social psychological perspective. Entrepreneurship & Regional Development, 1(1), 21–31. doi:10.1080/08985628900000003
   Google Scholar
• Cheng, S., & Li, H. (2011). Spatially varying relationships of new firm formation in the United States. Regional Studies, 45(6), 773–789. doi:10.1080/00343401003713415
   Web of Science ®Google Scholar
• Coase, R. H. (1937). The nature of the firm. Economica, 4(16), 386–405. doi:10.1111/j.1468-0335.1937.tb00002.x
   Google Scholar
• Dass, N., Nanda, V., & Xiao, S. C. (2016). Public corruption in the United States: Implications for local firms. The Review of Corporate Finance Studies, 5(1), 102–138. doi:10.1093/rcfs/cfv016
   Web of Science ®Google Scholar
• Decker, R., Haltiwanger, J., Jarmin, R., & Miranda, J. (2014). The role of entrepreneurship in US job creation and economic dynamism. The Journal of Economic Perspectives, 28(3), 3–24. doi:10.1257/jep.28.3.3
   Web of Science ®Google Scholar
• Depken, C. A., & Lafountain, C. L. (2006). Fiscal consequences of public corruption: Empirical evidence from state bond ratings. Public Choice, 126(1-2), 75–85. doi:10.1007/s11127-006-4315-0
   Web of Science ®Google Scholar
• Deskins, J., & Ross, A. (2018). Economic freedom and racial differences in entrepreneurship: Evidence from US states. Public Finance Review, 46(2), 177–204. doi:10.1177/1091142116671804
   Web of Science ®Google Scholar
• Dreher, A., & Gassebner, M. (2013). Greasing the wheels? The impact of regulations and corruption on firm entry. Public Choice, 155(3–4), 1–20. doi:10.1007/s11127-011-9871-2
   Web of Science ®Google Scholar
• Dutta, N., & Sobel, R. (2016). Does corruption ever help entrepreneurship? Small Business Economics, 47(1), 179–199. doi:10.1007/s11187-016-9728-7
   Web of Science ®Google Scholar
• Estrin, S., Korosteleva, J., & Mickiewicz, T. (2013). Which institutions encourage entrepreneurial growth aspirations? Journal of Business Venturing, 28(4), 564–580. doi:10.1016/j.jbusvent.2012.05.001
   Web of Science ®Google Scholar
• Festus, N., Bassey, G. E., & Uyang, F. A. (2014). Entrepreneurship, corruption and the challenge of development in Nigeria. Asian Research Journal of Arts & Social Sciences, 3(3), 104–112. doi:10.9734/ARJASS/2017/34025
   Google Scholar
• Fisman, R., & Svensson, J. (2007). Are corruption and taxation really harmful to growth? Firm level evidence. Journal of Development Economics, 83(1), 63–75. doi:10.1016/j.jdeveco.2005.09.009
   Web of Science ®Google Scholar
• Glaeser, E. L., & Saks, R. E. (2006). Corruption in America. Journal of Public Economics, 90(6–7), 1053–1072. doi:10.1016/j.jpubeco.2005.08.007
   Web of Science ®Google Scholar
• Heckelman, J. C., & Powell, B. (2010). Corruption and the institutional environment for growth. Comparative Economic Studies, 52(3), 351–378. doi:10.1057/ces.2010.14
   Google Scholar
• Jiménez, A., & Alon, I. (2018). Corruption, political discretion and entrepreneurship. Multinational Business Review, 26(2), 111–125. doi:10.1108/MBR-01-2018-0009
   Web of Science ®Google Scholar
• Johannisson, B. (2000). Networking and entrepreneurial growth. In D. L. Sexton and H. Landstrom (Eds.), The Blackwell handbook of entrepreneurship (pp. 369–386). Malden, MA. Blackwell Publisher Inc.,
   Google Scholar
• Johnson, N. D., Ruger, W., Sorens, J., & Yamarik, S. (2014). Corruption, regulation, and growth: An empirical study of the United States. Economics of Governance, 15 (1), 51–69. doi:10.1007/s10101-013-0132-3
   Web of Science ®Google Scholar
• Kato, A., & Sato, T. (2015). Greasing the wheels? The effect of corruption in regulated manufacturing sectors of India. Canadian Journal of Development Studies, 36(4), 459–483. doi:10.1080/02255189.2015.1026312
   Web of Science ®Google Scholar
• Korosec, R. L., & Berman, E. M. (2006). Municipal support for social entrepreneurship. Public Administration Review, 66(3), 448–462. doi:10.1111/j.1540-6210.2006.00601.x
   Web of Science ®Google Scholar
• Krylova, Y. (2018). Administrative corruption and its effects on Russian entrepreneurs: A regional aspect. Journal of Small Business & Entrepreneurship, 30(2), 121–137. doi:10.1080/08276331.2017.1383764
   Google Scholar
• Leff, N. H. (1964). Economic development through bureaucratic corruption. American Behavioral Scientist, 8(3), 8–14. doi:10.1177/000276426400800303
   Google Scholar
• Lien, D. H. D. (1986). A note on competitive bribery games. Economics Letters, 22(4), 337–341. doi:10.1016/0165-1765(86)90093-5
   Web of Science ®Google Scholar
• Liu, C., & Mikesell, J. L. (2014). The impact of public officials’ corruption on the size and allocation of US state spending. Public Administration Review, 74(3), 346–359. doi:10.1111/puar.12212
   Web of Science ®Google Scholar
• Liu, C., Moldogaziev, T. T., & Mikesell, J. L. (2017). Corruption and state and local government debt expansion. Public Administration Review, 77(5), 681–690. doi:10.1111/puar.12711
   Web of Science ®Google Scholar
• Luhmann, N. (1988). Familiarity, confidence, trust: Problems and alternatives. In D. Gambetta (Ed.), Trust: Making and breaking cooperative relations (pp. 95–107). Oxford, UK: Blackwell.
   Google Scholar
• Mauro, P. (1995). Corruption and the composition of government expenditures. Journal of Public Economics, 69(2), 263–279.
   Google Scholar
• Meier, K. J., & Holbrook, T. M. (1992). I seen my opportunities and I took ‘em’: Political corruption in the American states. The Journal of Politics, 54(1), 135–155. doi:10.2307/2131647
   Web of Science ®Google Scholar
• Méon, P. G., & Sekkat, K. (2005). Does corruption grease or sand the wheels of growth? Public Choice, 122(1–2), 69–97. doi:10.1007/s11127-005-3988-0
   Web of Science ®Google Scholar
• Méon, P. G., & Weill, L. (2010). Is corruption an efficient grease? World Development, 38(3), 244–259. doi:10.1016/j.worlddev.2009.06.004
   Web of Science ®Google Scholar
• Nistotskaya, M., & Cingolani, L. (2016). Bureaucratic structure, regulatory quality, and entrepreneurship in a comparative perspective: Cross-sectional and panel data evidence. Journal of Public Administration Research and Theory, 26(3), 519–534. doi:10.1093/jopart/muv026
   Web of Science ®Google Scholar
• North, D. C. (1990). Institutions, institutional change and economic performance. Boston, MA: Cambridge University Press.
   Google Scholar
• Ovaska, T., & Sobel, R. S. (2005). Entrepreneurship in post-socialist economies. Journal of Private Enterprise, 21(1), 8–28.
   Google Scholar
• Pigou, A. C. (1938). Money wages in relation to unemployment. The Economic Journal, 48(189), 134–138. doi:10.2307/2225515
   Google Scholar
• Rajkumar, A. S., & Swaroop, V. (2008). Public spending and outcomes: Does governance matter? Journal of Development Economics, 86(1), 96–111. doi:10.1016/j.jdeveco.2007.08.003
   Web of Science ®Google Scholar
• Reynolds, P. D., Carter, N. M., Gartner, W. B., & Greene, P. G. (2004). The prevalence of nascent entrepreneurs in the United States: Evidence from the panel study of entrepreneurial dynamics. Small Business Economics, 23(4), 263–284. doi:10.1023/B:SBEJ.0000032046.59790.45
   Web of Science ®Google Scholar
• Sanders, M., & Weitzel, U. (2010). The allocation of entrepreneurial talent and destructive entrepreneurship. Working paper//World Institute for Development Economics Research. https://www.wider.unu.edu/publication/allocation-entrepreneurial-talent-and-destructive-entrepreneurship [Accessed 15 Oct 2017].
   Google Scholar
• Shane, S. A. (2003). A general theory of entrepreneurship: The individual-opportunity nexus. Cheltenham, UK: Edward Elgar Publishing.
   Google Scholar
• Shleifer, A., & Vishny, R. W. (1993). Corruption. The Quarterly Journal of Economics, 108(3), 599–617. doi:10.2307/2118402
   Web of Science ®Google Scholar
• Sobel, R. S. (2008). Testing baumol: Institutional quality and the productivity of entrepreneurship. Journal of Business Venturing, 23(6), 641–655. doi:10.1016/j.jbusvent.2008.01.004
   Web of Science ®Google Scholar
• Stenholm, P., Acs, Z. J., & Wuebker, R. (2013). Exploring country-level institutional arrangements on the rate and type of entrepreneurial activity. Journal of Business Venturing, 28(1), 176–193. doi:10.1016/j.jbusvent.2011.11.002
   Web of Science ®Google Scholar
• Stigler, G. J. (1971). The theory of economic regulation. The Bell Journal of Economics and Management Science, 2(1), 3–21. doi:10.2307/3003160
   Google Scholar
• Szyliowicz, D., & Wadhwani, R. D. (2007). The effects of corruption on entrepreneurial activity: A cross-country study. Frontiers of Entrepreneurship Research, 27(20), 7–18. doi:10.1108/IJEBR-10-2012-0121
   Google Scholar
• Tullock, G. (1967). The welfare costs of tariffs, monopolies, and theft. Economic Inquiry, 5(3), 224–232. doi:10.1111/j.1465-7295.1967.tb01923.x
   Google Scholar
• Terjesen, S., Bosma, N., & Stam, E. (2016). Advancing public policy for high‐growth, female, and social entrepreneurs. Public Administration Review, 76(2), 230–239. doi:10.1111/puar.12472
   Web of Science ®Google Scholar
• Williamson, O. E. (1975). Markets and hierarchies: A study in the internal organizations. New York, USA: Free Press. doi:10.1086/ahr/80.5.1302-a
   Google Scholar
• Yan, J., & Oum, T. H. (2014). The effect of government corruption on the efficiency of US commercial airports. Journal of Urban Economics, 80, 119–132. doi:10.1016/j.jue.2014.01.004
   Google Scholar