Wpływ korupcji na poziom wczesnej przedsiębiorczości / Corruption and Total Entrepreneurship Activity
Journal Title: Studia Prawno-Ekonomiczne - Year 2018, Vol 107, Issue
Abstract
Corruption is an important social phenomenon affecting entrepreneurship and thus the level of development of the whole economy. The aim of this article is to present the heterogeneity of the impact of corruption on entrepreneurship. A research hypothesis is verified which points to the curvilinearity of the impact of corruption on the level of early entrepreneurship. Empirical study was conducted on the basis of panel data for 21 European countries. Using three different estimators, econometric models were developed to explain the level of early entrepreneurship by the quadratic and logarithmic function of corruption. The results confirm that corruption affects the non-linearity entrepreneurship, and this relationship is U-shaped. This is the result of a similar study conducted by Anokhin and Schulze in 2009. These studies are consistent with the observed patterns in the economy, as developing countries are experiencing far greater entrepreneurial growth as a result of the decline in corruption than economically developed countries. Obtained results is undoubtedly the added value of this article.
Authors and Affiliations
Anna Pluskota
Keywords
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- EP ID EP386865
- DOI 10.26485/SPE/2018/107/19
- Views 78
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