Plausibly Exogenous [908] - Business Formation (07/25/2022)
LHS Variable
New business formation
RHS Variable
Geographic and historical-cultural factors
Source of Exogenous Variation
Variation in frontier experience driven by shocks to the settlement process that arise from historical immigration flows
- Barrios, Hochberg, and Macciocchi (2021), “Rugged Entrepreneurs: The Geographic and Cultural Contours of New Business Formation”