Natural disasters, entrepreneurship activity, and the moderating role of country governance

  title={Natural disasters, entrepreneurship activity, and the moderating role of country governance},
  author={Christopher John Boudreaux and Anand Jha and Monica Escaleras},
  journal={Small Business Economics},
The purpose of this paper is to investigate if a country’s quality of governance moderates the effect of natural disasters on start-up activity within that country. We test our hypotheses using a panel of 95 countries from 2006 to 2016. Our findings suggest that natural disasters discourage start-up activity in countries that have low-quality governance but encourage start-up activity in countries that have high-quality governance. Moreover, our estimates reveal that natural disasters’ effects… 



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