The effect of good governance on business creation: a multilevel approach

  • María Jesús Rodríguez-Gulías Universidade de Coruña
  • Vítor Manuel de Sousa Gabriel Instituto Politécnico da Guarda
  • David Rodeiro-Pazos Universidade de Santiago de Compostela

Palabras clave:

business creation, governance, region effect, multilevel analysis, international


Different studies had point out the importance of public governance to promote entrepreneurship. We used multilevel modelling on a sample of 206 countries, for the period 2004-2014, to empirically test three hypotheses. Firstly, whether business creation is determine by the regions. Secondly, the immediate impact of governance on entrepreneurial entry rates and thirdly, delayed effect of governance was considered. Our results showed countries located in the same region are more homogeneous in terms of entrepreneurship. Also, a significant immediate effect of Rule of Law and Regulatory Quality and a delayed effect of several variables were detected.


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Biografía del autor/a

María Jesús Rodríguez-Gulías, Universidade de Coruña
Departamento de Empresa
Vítor Manuel de Sousa Gabriel, Instituto Politécnico da Guarda
UDI – Unidade de Investigação para o Desenvolvimento do Interior
David Rodeiro-Pazos, Universidade de Santiago de Compostela

Profesor Contratado Doctor

Departamento de Economía Financiera y Contabilidad

Universidade de Santiago de Compostela


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Cómo citar
Rodríguez-Gulías, M. J., de Sousa Gabriel, V. M., & Rodeiro-Pazos, D. (2020). The effect of good governance on business creation: a multilevel approach. Revista de Economía Mundial, (54).
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