Click here for search results
The effects of business environments on development : surveying new firm-level evidence
 
Author:Xu, Lixin Colin; Collection Title:Policy Research working paper ; no. WPS 5402
Country:World; Date Stored:2010/08/24
Document Date:2010/08/01Document Type:Policy Research Working Paper
SubTopics:Environmental Economics & Policies; Access to Finance; Emerging Markets; Debt Markets; Labor PoliciesLanguage:English
Region:The World RegionReport Number:WPS5402
Volume No:1 of 1  

Summary: In the past decade, the World Bank has promoted improving business environments as a key strategy for development, which has resulted in a significant amount of investment in collecting firm-level investment climate surveys across countries. What lessons have emerged from the papers using these new data? The key finding is that the effects of business environments are heterogeneous and depend crucially on industry, initial conditions, and complementary institutions. Some elements of the business environment, such as labor flexibility, low entry and exit barriers, and a reasonable protection from the "grabbing hands" of the government, seem to matter a great deal for most economies. Other elements, such as infrastructure and contracting institutions (courts and access to finance), hinge on their initial status and the size of the market.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 35 pagesOfficial version*2.45 (approx.)
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.



Permanent URL for this page: http://go.worldbank.org/EGC2A77OO0