Politics and entrepreneurship in the US
利用近三十年50个州州长选举的断点回归设计，发现共和党与民主党州长对创业活动的影响没有显著差异。
Abstract There is a strong belief that Republicans are more pro‐business than Democrats. In this paper, we investigate the causal impact of partisan allegiance of governors (Republican or Democratic) on entrepreneurial activity by exploiting random variation in close gubernatorial elections in 50 states over the last three decades in a regression discontinuity design. We find that Republican governors are no different than Democratic governors in their effects on entrepreneurship. Our findings are robust to several sensitivity checks.