Business regulation, labor force participation and employment in industrial countries

Research output: Contribution to journalArticle

7 Citations (Scopus)

Abstract

Using data from 19 industrial countries for 5 years in the period 1990–2002, this paper analyzes to what extent anticompetitive business regulations, like price controls and administrative obstacles to start a new business, affect labor force participation and employment rates. According to the regression results, they appear to lower both. Corruption, which is one result of strict business regulation, is also found to lower labor force participation and employment rates. While most effects on the general population seem to be modest, the effects on the low-skilled are likely to be substantial. The results are robust to variations in specification.
Original languageEnglish
Pages (from-to)238-260
Number of pages23
JournalJournal of Economics and Business
Volume61
Issue number3
DOIs
Publication statusPublished - 2009

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Employment rate
Participation rate
Labor force participation
Developed countries
General population
New business
Price controls
Corruption

Keywords

  • Regulation
  • Employment
  • Corruption
  • Labor force participation

Cite this

Business regulation, labor force participation and employment in industrial countries. / Feldmann, Horst.

In: Journal of Economics and Business, Vol. 61, No. 3, 2009, p. 238-260.

Research output: Contribution to journalArticle

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