Entrepreneurship,Institutions,and the Informal Economy.

详细信息   

• 作者：Wiseman ; Travis C.
• 学历：Ph.D.
• 年：2013
• 导师：Young, Andrew T.,eadvisorCushing, Brianecommittee memberCongleton, Rogerecommittee memberSobel, Russellecommittee memberTrumbull, Williamecommittee member
• 毕业院校：West Virginia University
• Department：Economics
• ISBN：9781303252785
• CBH：3571583
• Country：USA
• 语种：English
• FileSize：4083663
• Pages：124

文摘

This dissertation comprises three essays which investigate the empirical relationships between institutions (formal and informal), entrepreneurial outcomes (productive and unproductive), and shadow economy size at the U.S. state-level. Chapter 1 opens with some discussion of the topics explored here and provides an overview of important results from each of the essays. In Chapter 2, the first of the empirical essays, I focus on U.S. shadow economies, providing estimates of shadow economy size for 50 U.S. states over the period 1997 to 2008 as a foundation for analysis in the subsequent chapter. Chapter 3 focuses on the relationship between entrepreneurship, shadow economy size, and corruption at the U.S. state-level. Specifically, I question the importance of the entrepreneur&rsquo；s choice (for which estimates of shadow economy size serve as a proxy) to participate in the formal or informal economy as a channel through which public official corruption affects observed (formal sector) entrepreneurial outcomes. Chapter 4 is a joint effort with Andrew Young. In this essay we revisit Baumol&rsquo；s (1990) conjectures on the role of institutions in determining whether entrepreneurs will channel their efforts towards wealth-generating activities or toward zero- or negative-sum rent-seeking, using cross-section data on informal, religious institutions. Chapter 5 summarizes the conclusions of the aforementioned chapters and discusses some possibilities for further investigation.