Fiscal policy before and during COVID-19 and its impact on the creation of new comapnies

Sokołowska Anetta () and Trasberg Viktor ()
Additional contact information
Sokołowska Anetta: Department of Entrepreneurship, University of Information Technology and Management in Rzeszow, Poland
Trasberg Viktor: Department of Aviation Services, Estonian Aviation Academy, Estonia

Financial Internet Quarterly (formerly e-Finanse), 2022, vol. 18, issue 4, 61-76

Abstract: The article analyses relationships between fiscalism indicators and the number of newly registered companies (i.e. a new business density index). The study covered the period from 2015 to 2020 (inclusive). Considering the timeframe, the purpose is to determine the impact of COVID-19 on new firm formation. Two principal research hypotheses are formulated. The first hypothesis assumes a negative impact of fiscal burden on the creation of new firms. The second hypothesis assumes that COVID-19 reduced interest in starting new business entities. The research results demonstrate that there is a negative relationship between fiscalism and new firm formation. Contrary to expectations, the research has shown that COVID-19 did not adversely affect the creation of new companies, as the new business density index remained stable in most of the analyzed countries.

Keywords: fiscal policy; new business density; entrepreneurship; COVID-19 (search for similar items in EconPapers)
JEL-codes: E62 L26 M13 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/fiqf-2022-0028 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:finiqu:v:18:y:2022:i:4:p:61-76:n:6

DOI: 10.2478/fiqf-2022-0028

Access Statistics for this article

Financial Internet Quarterly (formerly e-Finanse) is currently edited by Tomasz Skica

More articles in Financial Internet Quarterly (formerly e-Finanse) from Sciendo
Bibliographic data for series maintained by Peter Golla ().