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Does Entry Regulation Hinder Job Creation? Evidence from the French Retail Industry
Abstract
Are product market and entry regulation key sources of low employment growth in many European countries? We investigate this question in the context of the French retail trade industry. Since 1974, approval by regional zoning boards has been required for the creation or extension of any large retain store in France. We exploit a unique database that provides time- and region-specific variation in boards' approval decisions. We show that stronger deterrence of entry by the boards increased retailer concentration and slowed down employment growth in France.
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Djankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302753399436 · Cited by 3,956
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Cited by
Entry regulation as a barrier to entrepreneurship
Klapper, L., Laeven, L., & Rajan, R. (2006) · Journal of Financial Economics · doi:10.1016/j.jfineco.2005.09.006 · Cited by 1,723
Djankov, S., Glaeser, E., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2003) · Journal of Comparative Economics · doi:10.1016/j.jce.2003.08.005 · Cited by 1,204
Where does regulation hurt? Evidence from new businesses across countries
Ardagna, S., & Lusardi, A. (2009) · doi:10.3386/w14747 · Cited by 41
Metadata
- Authors
- Bertrand, M., & Kramarz, F.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2002-11-01
- Volume
- 117
- Issue
- 4
- Pages
- 1369-1413
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W3121724199
- Cited by
- 444
- References
- 1
- FWCI
- 31.11
- Type
- journal article
- Language
- en
- Open access
- closed
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