Is Regulation to Blame for the Decline in American Entrepreneurship?

@article{Goldschlag2014IsRT,
  title={Is Regulation to Blame for the Decline in American Entrepreneurship?},
  author={Nathan Goldschlag and Alexander Tabarrok},
  journal={U.S. Administrative Law eJournal},
  year={2014}
}
Mounting evidence suggests that economic dynamism and entrepreneurial activity are declining in the United States. Over the past 30 years, the annual number of new business startups and the pace of job reallocation have declined significantly. We ask whether this decline in dynamism can be explained by federal regulation. We combine measures of dynamism with RegData, a novel dataset leveraging the text of the Code of Federal Regulations to create annual measures of the total quantity of… 

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