Institutional Environment, Political Networks and Entrepreneurship: Evidence from Transitional Countries
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| Title | Institutional Environment, Political Networks and Entrepreneurship: Evidence from Transitional Countries
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| Author | Wu Yiping and Wang Jian |
| Organization | Shanghai University of Finance and Economics |
| Email | wu.yiping@shufe.edu.cn：wangjianloves1@163.com |
| Key Words | Entrepreneur; Political Networks; Institutional Environment; Transitional Countries |
| Abstract | The paper use household survey data of transitional countries in 2010 to explore the effect of political networks on entrepreneur. Our results suggest that the political networks have positive effects on entrepreneur, and these effects are shown to be causal after we implement propensity score matching analysis. More important, we find that political networks exert a positive effect on entrepreneur only when institutional environment is relatively worse. In addition, political networks have impact on entrepreneur through the channel of sending gifts. Our empirical results suggest that it is vital for government to frame a better institutional environment for cultivate the entrepreneurship. |
| Serial Number | WP741 |
| Time | 2014-10-28 |
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