工具变量
现存分类群
分类
经验证据
犯罪率
工作(物理)
业务
经济
人口经济学
公共经济学
犯罪学
计量经济学
社会学
机械工程
哲学
认识论
进化生物学
计算机科学
工程类
生物
程序设计语言
作者
Nicolò Barbieri,Ugo Rizzo
摘要
Abstract The article investigates the effect of crime on firm entry rates in Italian provinces over the period 2007–2016. The extant literature focuses mainly on the relationship between crime and the sorting of new businesses. The present paper contributes to this stream of work by estimating the effect of crime on the overall propensity to engage in entrepreneurial activities across a national territory. We measure the extent to which property and violent crime affect firm entry rates using an instrumental variable approach in which the instrument for criminal activity is the effective abortion rate. Our findings suggest that crime has a negative, sizable impact on firm entry. The results are robust to alternative instrumental variables and firm entry indicators. This empirical exercise emphasizes the need to consider loss of new business activities as a downstream effect when computing the social costs of crime.
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