The Impact of Regulations upon the Startup of New Businesses

Adi Eleonor Trifu (), Adriana Gîrnea?ã () and Ana Mãdãlina Potcovaru ()
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Adi Eleonor Trifu: Bucharest University of Economic Study, Romania
Adriana Gîrnea?ã: Bucharest University of Economic Study, Romania
Ana Mãdãlina Potcovaru: Bucharest University of Economic Study, Romania

Economia. Seria Management, 2015, vol. 18, issue 1, 49-59

Abstract: The objective of this paper is to show the impact of regulation upon the start up of new businesses in the European Union. The study uses some of the components of the Ease doing business index elaborated by the World Bank. The methods used are the correlation analysis and ordinary least squares for an unbalanced data panel with 26 cross-sections (European Union member states) and time periods from 2005 to 2012. The regression equation is composed of one dependent variable, represented by the New Business Registration Density per 1000 people and 18 independent variables gathered from components of Ease of Doing Index. The results of this research show that the influence of regulatory factors is very strong. This paper is addressed to entrepreneurs, managers of public institution, specialists and all interested readers.

Keywords: new business registration; entrepreneurs; regulations; doing business. (search for similar items in EconPapers)
JEL-codes: C23 L26 M10 M13 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:econmn:v:18:y:2015:i:1:p:49-59

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